Author Question: Referring to Figure 19.2, the effect of an increase in Japanese prices is represented by a movement ... (Read 241 times)

urbanoutfitters · **on:** Jun 29, 2018

Referring to Figure 19.2, the effect of an increase in Japanese prices is represented by a movement from point

A) d to c. B) c to d. C) a to d. D) a to b.

Question 2

When the unemployment rate is greater than the natural unemployment rate, real GDP is

A) greater than full employment GDP.
B) less than potential GDP.
C) equal to potential GDP.
D) greater than potential GDP.
E) unrelated to potential GDP.