Figure 16-1 
-Refer to Figure 16-1. Consider point A where inflation is relatively high and unemployment is relatively low. In order to move down the curve toward point B, what fiscal policy measures should the policymakers undertake?
Definitions:
Marginal Cost
The price of making an additional unit of a product.
Slope
A measure of the steepness or incline of a line or surface, typically described as the ratio between the change in the y-value and the change in the x-value.
Variable
An element, feature, or factor that is likely to vary or change; it can be quantitative or qualitative in experiments and mathematical models.
Mathematical Convention
Established, standardized practices or rules that are followed within mathematical reasoning and calculations.
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