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Figure 22-1

question 18

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Figure 22-1. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the right-hand diagram, U represents the unemployment rate. Figure 22-1. The left-hand graph shows a short-run aggregate-supply (SRAS)  curve and two aggregate-demand (AD)  curves. On the right-hand diagram, U represents the unemployment rate.   -Refer to Figure 22-1. Suppose points F and G on the right-hand graph represent two possible outcomes for an imaginary economy in the year 2012, and those two points correspond to points B and C, respectively, on the left-hand graph. Also suppose we know that the price index equaled 120 in 2011. Then the numbers 115 and 130 on the vertical axis of the left-hand graph would have to be replaced by A) 155 and 175, respectively. B) 138 and 156, respectively. C) 137.5 and 154.75, respectively. D) 135 and 150, respectively.
-Refer to Figure 22-1. Suppose points F and G on the right-hand graph represent two possible outcomes for an imaginary economy in the year 2012, and those two points correspond to points B and C, respectively, on the left-hand graph. Also suppose we know that the price index equaled 120 in 2011. Then the numbers 115 and 130 on the vertical axis of the left-hand graph would have to be replaced by


Definitions:

Copula

In logic and grammar, a word or expression that links the subject of a sentence to a predicate, such as "is" in "The sky is blue."

Quantifier

A symbol or word used in logic and mathematics to specify the quantity of subjects to which a statement applies.

Complete Proposition

A statement or assertion that conveys a complete thought or idea, typically containing a subject and predicate that make a declarative statement.

Shading

The act of adding gradations of darkness or color to an artwork to indicate shadow or depth.

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