In the Graph of the Inflation-Unemployment Cycle, the Variable on the Horizontal

question 50

Multiple Choice

In the graph of the inflation-unemployment cycle, the variable on the horizontal axis is _____ and the variable on the vertical axis is _______.

• A)real GDP; price level
• B)price level; unemployment rate
• C)unemployment rate; inflation rate
• D)inflation rate; unemployment rate

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Definitions:

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Unipolar Depression

A major depressive disorder characterized by a persistent low mood and lack of interest or pleasure in activities, without the manic episodes of bipolar disorder.

Manic Episode

A period of abnormally and persistently elevated, expansive, or irritable mood and increased energy or activity, often characteristic of bipolar disorder.

Mood Swings

are rapid and often extreme fluctuations in one's emotional state without a clear reason.