Refer to the information provided in Figure 26.1 below to answer the question(s) that follow. Figure 26.1
-Refer to Figure 26.1. Between the output levels of $1,000 billion and $1,500 billion, the relationship between the price level and output is
A) constant.
B) negative.
C) positive.
D) indeterminate.

Question

Refer to the information provided in Figure 26.1 below to answer the question(s) that follow.  Figure 26.1
-Refer to Figure 26.1. Between the output levels of $1,000 billion and $1,500 billion, the relationship between the price level and output is
A) constant. 
B) negative. 
C) positive. 
D) indeterminate.

Quizplus · Accepted Answer

Between the output levels of $1,000 billion and $1,500 billion, the relationship between the price level and output is positive, meaning as output increases, the price level also increases.

Refer to the Information Provided in Figure 26