Use the Figure Below to Answer the Following Questions

question 132

Multiple Choice

Use the figure below to answer the following questions.

Figure 26.3.2
-Refer to Figure 26.3.2. If the economy of Mythlo automatically adjusts to long-run equilibrium, then

• A)the price level rises to 90.
• B)real GDP is $600 billion.
• C)the actual unemployment rate exceeds the natural unemployment rate.
• D)potential GDP decreases.
• E)the SAS curve shifts rightward.

---

Definitions:

Permissible Variation

The acceptable range of deviation that a quality characteristic can exhibit without affecting the performance of a product or system.

Nominal Specification

Nominal Specification refers to the precisely defined or stated values of variables or parameters that are intended in design or development, serving as standards or norms.

Variables Data

Data that can be measured and quantified, coming in a range of values that can often be fractioned or divided further.

R-chart

A control chart used to monitor the range of variability within a process as a measure of dispersion.