Figure 17-3

question 136

Multiple Choice

Figure 17-3. 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 17-3. What is measured along the vertical axis of the right-hand graph?

• A) the interest rate
• B) the inflation rate
• C) the government's budget deficit as a percent of GDP
• D) the growth rate of the nominal money supply

---

Definitions:

Rights Afforded

The privileges or entitlements granted to individuals or groups, often protected by law or social convention.

Self-Determination

The right or ability of people to make their own choices and decisions, often associated with national, ethnic, or cultural groups seeking autonomy.

Legal Representation

The act of having a lawyer or attorney advocate on one’s behalf in legal proceedings.

Global Potential

The capacity or ability of something or someone to have an impact or effect on a global scale.