Use the Figure Below to Answer the Following Question(s)

question 29

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 9-2
-Which of the following is true for the economy depicted in Figure 9-2?

• A)Output equals potential real GDP.
• B)The actual rate of unemployment equals the natural rate of unemployment.
• C)The output is sustainable in the long run.
• D)All of the above statements are true.

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Definitions:

Invested

The act of allocating money or resources to an endeavor with the expectation of generating income or profit.

Bank

A financial institution licensed to accept deposits, offer loans, and provide other financial services such as currency exchange.

Population Size

The total number of individuals or inhabitants in a specified area or group.

Emigration

Or out-migration, is the outflow of people from one country and their settlement in one or more other countries.