Use the Graph Below to Determine the Area of the Shaded

question 60

Short Answer

Use the graph below to determine the area of the shaded region.
Enter your answer exactly in the form a ± $\mathrm { e } ^ { \mathrm {b } }$ .

---

Definitions:

Policy Makers

Individuals or groups responsible for making decisions and setting policies in governmental or corporate sectors.

Phillips Curve

A curve showing possible combinations of the inflation rate and the unemployment rate.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to invest in one option over another.

Reducing Unemployment

The act of implementing policies or actions by governments or businesses to decrease the number of unemployed individuals in the economy.