Refer to the Graph Below

question 6

Multiple Choice

Refer to the graph below. The movement from point 1 to point 2 is stimulated by a disequilibrium in which there is domestic ________ and ________.

• A) overemployment; trade surplus
• B) unemployment; trade surplus
• C) overemployment; trade deficit
• D) unemployment; trade deficit
• E) inflation; unemployment

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Definitions:

Cruise Line

is a company that operates cruise ships, offering vacation and travel services across various destinations and oceans.

Spot Market

A public market for trading financial instruments or commodities, where transactions are completed immediately upon agreement.

Forecasting Function

The process of making predictions about future events or trends based on historical data and analysis.

Revenue Management System

A strategy and software used by companies to optimize the financial results by managing pricing, inventory, and consumer accessibility.