Figure 13-3 
-Refer to Figure 13-3.Which of the points in the above graph are possible short-run equilibria but not long-run equilibria? Assume that Y1 represents potential GDP.
Definitions:
Summary Statistics
Quantitative measures that describe and summarize the main features of a collection of data.
Box And Whisker Plot
A graphical representation of data that displays the distribution's central tendency, variability, and skewness, including the median, quartiles, and extremes.
Percentile
A statistical metric denoting the value beneath which a certain portion of data points in a set lies.
Third Quartile
The value below which 75% of the observations in a dataset fall, also known as the upper quartile.
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