Figure 35-4

question 62

Multiple Choice

Figure 35-4.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the left-hand diagram,the price level is measured on the vertical axis;on the right-hand diagram,the inflation rate is measured on the vertical axis.
-Refer to Figure 35-4.Assume the figure charts possible outcomes for the year 2018.In 2018,the economy is at point B on the left-hand graph,which corresponds to point B on the right-hand graph.Also,point A on the left-hand graph corresponds to A on the right-hand graph.The price level in the year 2018 is

• A)117.25.
• B)114.95.
• C)113.12.
• D)111.10.

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Definitions:

Disenfranchisement

The revocation or denial of voting rights, often used historically to exclude specific groups from political participation based on race, gender, or socio-economic status.

Literacy Test

Historically, a test administered to potential voters to assess their literacy and understanding of civic topics as a condition for voting, often used to disenfranchise racial and ethnic minorities.

Non-Freeholders

Individuals who do not own land, often excluded from certain rights or privileges in historical contexts, such as voting.