Exhibit 10.1 -Refer to Exhibit 10.1, Which Shows the Short-Run Aggregate Supply

question 29

Multiple Choice

Exhibit 10.1

-Refer to Exhibit 10.1, which shows the short-run aggregate supply (SRAS) curve of an economy. If output is at Y₁, _____

• A) the economy produces its potential output and unemployment is at the natural rate.
• B) the economy produces its potential output and unemployment is higher than the natural rate.
• C) the economy produces its potential output and unemployment is lower than the natural rate.
• D) the economy is less than its potential output and unemployment is at the natural rate.
• E) the economy is more than its potential output and unemployment is at the natural rate.

---

Definitions:

Remove Page Break

The action or command in document editing software to eliminate a break that splits a page into separate sections.

Hide

To make an object, text, or element invisible or not readily apparent in a certain context, often to declutter the view or protect sensitive information.

Freeze Top Row

Freeze Top Row is a feature in spreadsheet applications that keeps the top row visible as the user scrolls down through the document, facilitating reference to headings or labels.

Protected Workbook

A workbook whose contents are safeguarded by security measures to prevent unauthorized access or edits in software like Excel.