-Referring to the Graph Above,a Movement from Point H to Point

question 76

Multiple Choice

-Referring to the graph above,a movement from point H to point I might represent ________.

• A)the increase in the inflation rate that occurs when the real interest rate rises
• B)the automatic response of monetary policy to an increase in the inflation rate
• C)an autonomous tightening of monetary policy
• D)any of the above
• E)none of the above

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Definitions:

Quota System

A policy or practice of limiting the number of people from certain groups who can do something, such as immigrate to a country, attend a school, or be employed in certain jobs.

Immigrants

Individuals who move from one country to another with the intention of settling or residing there.

American Population

The total number of people living in the United States of America, including all ethnicities and demographics.

Million

A numerical value of 1,000,000 or a figure representing a large quantity in a specified context.