Figure 35-4.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the left-hand diagram,the price level is measured on the vertical axis;on the right-hand diagram,the inflation rate is measured on the vertical axis.
-Refer to Figure 35-4.What is measured along the horizontal axis of the left-hand graph?
A) the wage rate
B) the inflation rate
C) output
D) the interest rate
Correct Answer:
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