Author Question: Refer to the above figure. The classical aggregate supply curve is represented by ________ and the ... (Read 36 times)

jessicacav · **on:** Jun 29, 2018

Refer to the above figure. The classical aggregate supply curve is represented by ________ and the Keynesian short-run aggregate supply curve is represented by ________.

A) curve 2; curve 1
B) curve 2; curve 3
C) curve 3; curve 4
D) curve 2; curve 4

Question 2

The United States experienced a deep recession between 2007 and 2009. Which type of unemployment would most likely increase during that period of recession?

A) cyclical unemployment
B) frictional unemployment
C) seasonal unemployment
D) structural unemployment