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Figure 35-4

Question 4

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Figure 35-4.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the left-hand diagram,the price level is measured on the vertical axis;on the right-hand diagram,the inflation rate is measured on the vertical axis. Figure 35-4.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the left-hand diagram,the price level is measured on the vertical axis;on the right-hand diagram,the inflation rate is measured on the vertical axis.     -Refer to Figure 35-4.What is measured along the horizontal axis of the right-hand graph? A) the interest rate B) the price level C) the government's budget deficit as a percent of GDP D) the unemployment rate Figure 35-4.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the left-hand diagram,the price level is measured on the vertical axis;on the right-hand diagram,the inflation rate is measured on the vertical axis.     -Refer to Figure 35-4.What is measured along the horizontal axis of the right-hand graph? A) the interest rate B) the price level C) the government's budget deficit as a percent of GDP D) the unemployment rate
-Refer to Figure 35-4.What is measured along the horizontal axis of the right-hand graph?


A) the interest rate
B) the price level
C) the government's budget deficit as a percent of GDP
D) the unemployment rate

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