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Figure 17-1

Question 57

Multiple Choice

Figure 17-1. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the right-hand diagram, U represents the unemployment rate.
Figure 17-1. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the right-hand diagram, U represents the unemployment rate. -Refer to Figure 17-1. What is measured along the horizontal axis of the left-hand graph? A) the wage rate B) the inflation rate C) employment D) output
-Refer to Figure 17-1. What is measured along the horizontal axis of the left-hand graph?


A) the wage rate
B) the inflation rate
C) employment
D) output

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