Refer to the graphs, where the subscripts on the labels denote years 1 and 2. From the graphs we can conclude that from year 1 to year 2,
A) the economy recovered from a recession.
B) the economy experienced economic growth and inﬂation.
C) output grew and the unemployment rate fell.
D) the government engaged in expansionary ﬁscal and monetary policies.

Question

Refer to the graphs, where the subscripts on the labels denote years 1 and 2. From the graphs we can conclude that from year 1 to year 2,
A) the economy recovered from a recession. 
B) the economy experienced economic growth and inﬂation. 
C) output grew and the unemployment rate fell. 
D) the government engaged in expansionary ﬁscal and monetary policies.

Quizplus · Accepted Answer

The Answer of  Refer to the graphs, where the subscripts on the labels denote years 1 and 2. From the graphs we can conclude that from year 1 to year 2,
A) the economy recovered from a recession. 
B) the economy experienced economic growth and inﬂation. 
C) output grew and the unemployment rate fell. 
D) the government engaged in expansionary ﬁscal and monetary policies.

Refer to the Graphs, Where the Subscripts on the Labels