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

question 41

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 9-2

-When an economy is experiencing the aggregate demand and supply conditions depicted in Figure 9-2,

• A)the actual rate of unemployment will equal the natural rate of unemployment.
• B)buyers and sellers will have correctly anticipated the level of prices P₁.
• C)the output Y₁ will tend to persist into the future unless market conditions change.
• D)all of the above are correct.

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Definitions:

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