Use the Figure Below to Answer the Following Questions

question 118

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.3.1
-Refer to Figure 26.3.1. Consider statements (1) and (2) and select the correct answer. (1) The actual unemployment rate exceeds the natural unemployment rate.
(2) Short-run aggregate supply will automatically shift leftward as the economy adjusts to long-run equilibrium.

• A)(1)is true; (2)is false.
• B)(2)is true; (1)is false.
• C)(1)and (2)are false.
• D)(1)and (2)are true.
• E)(1)is true; (2)is true if the money wage rate falls.

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Definitions:

Numeric Ages

Ages or dates assigned to geologic events or materials in years, often determined through radiometric dating.

Volcanic Features

Volcanic features refer to the various physical formations created by the process of volcanism, including craters, calderas, lava flows, volcanic ash deposits, and more.

Depositional

Pertaining to the geological process in which sediments, soil, and rocks are added to a landform or landmass through the action of wind, water, or ice.

Lava Flow

Molten rock that erupts onto the Earth's surface during a volcanic eruption, which cools and solidifies into igneous rock.