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Which of the following is true about stereotyping?
Vertical Axis
The y-axis in a graph or chart, which is typically used to represent the range of one of the variables in the data.
Phillips Curve
An economic theory that suggests an inverse relationship between the rate of inflation and the unemployment rate.
Aggregate Demand
The overall requirement for products and services in an economic setting, identified at a specific price level and time period.
Short-Run Aggregate Supply
The total supply of goods and services that firms in an economy plan on selling during a short-term period, assuming some input prices are fixed.
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