Figure 22-3. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the left-hand diagram, Y represents output and on the right-hand diagram, U represents the unemployment rate. 
-Refer to Figure 22-3. What is measured along the vertical axis of the left-hand graph?
Definitions:
Collection Proceedings
The legal process initiated by creditors to recover money owed by a debtor.
Means Test
Three steps used to qualify someone for Chapter 7 bankruptcy.
Median Income
The middle value of income in a list of numbers, where half of the income amounts are higher and half are lower.
Average Income
The median amount of income earned per individual or household in a specific area over a set period.
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