Use the table below to answer the following question.
Table 1A.2.2
-Refer to Table 1A.2.2.What type of relationship exists between y and z?
Definitions:
Real Balances
Real balances refer to the purchasing power of money holdings, adjusted for changes in the price level, indicating how much can be bought with a given amount of money.
Line Segment QR
A part of a line that is bounded by two distinct end points, Q and R, and contains every point on the line between Q and R.
Unemployed Resources
Factors of production that are available for use but are not currently engaged in the production of goods or services.
Keynesian Model
An economic theory stating that government intervention through fiscal policies is necessary to moderate the boom and bust cycles of an economy.
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