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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?
Work
An activity involving mental or physical effort done to achieve a purpose or result, often associated with earning a livelihood in the context of employment.
Mode of Subsistence
The method by which a society acquires its food and economic resources, which can range from hunting and gathering to agriculture or industrial production.
Hunting
The pursuit and capturing or killing of wildlife or feral animals, primarily done for food, sport, or trade.
Fishing
The activity of catching fish either for recreational purposes or as a means of livelihood, practiced in various bodies of water.
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