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Author Question: As the unemployment rate increases in response to the economy moving away from capacity output, the ... (Read 227 times)

tnt_battle

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Question 1

Refer to the information provided in Figure 28.5 below to answer the question(s) that follow.





Refer to Figure 28.5. Which panel shows the typical relationship between the price level and the unemployment rate?


◦ A
◦ B
◦ C
◦ D

Question 2

As the unemployment rate increases in response to the economy moving away from capacity output, the aggregate price level


◦ is stable.
◦ falls.
◦ rises at an increasing rate.
◦ rises at a declining rate.


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Marked as best answer by tnt_battle on Apr 19, 2019

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