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If the Economy Is Represented in the Graph Shown and Is

Question 37

Multiple Choice

  If the economy is represented in the graph shown and is currently at point E<sub>3</sub>, what could be said about the state of the economy? A)  There is higher unemployment than the natural rate. B)  There is lower unemployment than the natural rate. C)  The unemployment rate is just about the natural rate. D)  The unemployment rate is zero. If the economy is represented in the graph shown and is currently at point E3, what could be said about the state of the economy?


A) There is higher unemployment than the natural rate.
B) There is lower unemployment than the natural rate.
C) The unemployment rate is just about the natural rate.
D) The unemployment rate is zero.

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