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.
-Refer to Figure 17-1. Assuming the price level in the previous year was 100, point G on the right-hand graph corresponds to
A) point A on the left-hand graph.
B) point B on the left-hand graph.
C) point C on the left-hand graph.
D) point D on the left-hand graph.
Correct Answer:
Verified
Correct Answer:
Verified
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