Figure 93 Alt Text for Figure 9

question 94

Multiple Choice

Figure 9.3 Alt text for Figure 9.3: In figure 9.3, a graph comparing real GDP and price level.
Long description for Figure 9.3: The x-axis is labelled, real GDP, with 0 at the vertex, and the y-axis is labelled, price level.2 lines are shown; SRAS1 and SRAS2.Line SRAS1 begins a little above the vertex and slopes up to the top right corner.Line SRAS2 follows the same slope as line SRAS1, but is plotted to the right.Points A and B are plotted on line SRAS1.Point A is near the left end of the line and point B is near the center of the line.
-Refer to Figure 9.3.Ceteris paribus, an increase in the price level would be represented by a movement from

• A)SRAS₁ to SRAS₂.
• B)SRAS₂ to SRAS₁.
• C)point A to point B.
• D)point B to point A.

---

Definitions:

Black Housing

The residential spaces and communities predominantly occupied by African Americans, often marked by historical and systemic disparities.

Redlining

A discriminatory practice by banks and other financial institutions that refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, often based on race.

Postwar Period

The era immediately following the end of a war, often marked by reconstruction, realignment of political powers, and societal changes.

De Facto Segregation

Racial separation that occurs in practice but is not enforced by law, often seen in housing, education, and employment.