Use the Following to Answer Questions

question 25

Multiple Choice

Use the following to answer questions :
Figure: AD-AS Model and the Short-Run Phillips Curve
-(Figure: AD-AS Model and the Short-Run Phillips Curve) Look at AD-AS Model and the Short-Run Phillips Curve. If the central bank decreases the money supply so that aggregate demand shifts from AD₂ to AD₁, then the unemployment rate will be:

• A)zero.
• B)2%.
• C)4%.
• D)6%.

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Definitions:

Race-Based Differences

Variations in traits, abilities, or outcomes attributed to or associated with racial groups, often studied in the context of genetics, culture, or social structure.

Real-World Tasks

Tasks that mimic or represent activities from everyday life, designed to measure or train skills in a context similar to where they are naturally applied.

Portfolio

A portfolio is a collection of materials or documents that evidence an individual's abilities, achievements, or progress over time.

Informal Assessment Techniques

Non-standardized methods of evaluating a student's performance or progress, usually more flexible and adaptive than formal assessments.