The Following Questions Refer to the graph below.
-Given S¹ and D¹,which of the following changes reduces unemployment? A shift to

Name: The Following Questions Refer to the graph below. -Given S 1 and D 1 ,which of the following changes reduces unemployment? A shift to
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

The Following Questions Refer to the graph below. -Given S¹ and D¹,which of the following changes reduces unemployment? A shift to

Quizplus · Accepted Answer

A shift to D² increases aggregate demand, which leads to an increase in output and employment. A shift to S⁰ increases aggregate supply, which also leads to an increase in output and employment.

The Following Questions Refer to the Graph Below