Figure 17-1

question 92

Multiple Choice

Figure 17-1. The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves. On the right-hand diagram, U represents the unemployment rate.

-Refer to Figure 17-1. Assuming the price level in the previous year was 100, point F on the right-hand graph corresponds to

• A) point A on the left-hand graph.
• B) point B on the left-hand graph.
• C) point C on the left-hand graph.
• D) point D on the left-hand graph.

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Definitions:

Federal Agency

A government body in the United States created by the Congress to enforce laws and regulations in a specific area of responsibility.

CEQ

The Council on Environmental Quality, a federal agency coordinating federal environmental efforts and advising the president on environmental policy.

Environmental Assessments

Evaluations conducted to understand the environmental impacts of proposed projects or developments before they proceed.

Clean Air Act Amendments

Changes made to the Clean Air Act, a major environmental law in the U.S. aimed at reducing air pollution and protecting air quality.