Figure 35-3.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 35-3.What is measured along the vertical axis of the left-hand graph?
Definitions:
Net Present Value
A financial metric that calculates the present value of the net cash flow generated by a project, adjusting for the time value of money.
Project Analysis
The process of evaluating the viability, profitability, and risk of a project before committing resources to it.
Operating Cash Flow
A measure of the cash generated or used by a company in its business operations, reflecting the entity's financial health.
Degree of Operating Leverage
A financial ratio that measures the sensitivity of a company's operating income to its sales volume, indicating how earnings are affected by sales fluctuations.
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