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 right-hand graph?
A)the interest rate
B)the price level
C)the government's budget deficit as a percent of GDP
D)the unemployment rate

Question

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 right-hand graph?
A)the interest rate 
B)the price level 
C)the government's budget deficit as a percent of GDP 
D)the unemployment rate

Quizplus · Accepted Answer

The horizontal axis of the right-hand graph typically measures the unemployment rate in economic graphs related to macroeconomic indicators.