The graph shown displays various price and output levels in an economy. If the economy is currently at point E₁, what could be said about its unemployment? A) There is higher unemployment than the natural rate. B) There is lower unemployment than the natural rate. C) The unemployment rate is near the natural rate. D) The unemployment rate is zero.

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The Answer of The graph shown displays various price and output levels in an economy. If the economy is currently at point E₁, what could be said about its unemployment? A) There is higher unemployment than the natural rate. B) There is lower unemployment than the natural rate. C) The unemployment rate is near the natural rate. D) The unemployment rate is zero.

The Graph Shown Displays Various Price and Output Levels in an Economy