In the graph you've just made, what is the price level on the AS curve if the unemployment rate is 5 percent?Screenshot attachedthanks ⒸPrice level(index, previousyear = 100)ABC104103102Inflation rate Unemployment rate(percentper year)(percentage oflabor force)32567Real GDP(trillions of2012 dollars)20.420.019.6A decrease in aggregate demand that brings a movement alongthe aggregate supply curve from point 8 to point C also brings amovement along the Phillips curve from point B to point C.ResetInflation rate (percent per year)653215BSRPC678Unemployment rate (percentage of labor force)

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In the graph you've just made, what is the price level on the AS curve if the unemployment rate is 5 percent?

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Question

In the graph you've just made, what is the price level on the AS curve if the unemployment rate is 5 percent?

Screenshot attached

thanks

Ⓒ
Price level
(index, previous
year = 100)
A
B
C
104
103
102
Inflation rate Unemployment rate
(percent
per year)
(percentage of
labor force)
3
2
5
6
7
Real GDP
(trillions of
2012 dollars)
20.4
20.0
19.6
A decrease in aggregate demand that brings a movement along
the aggregate supply curve from point 8 to point C also brings a
movement along the Phillips curve from point B to point C.
Reset
Inflation rate (percent per year)
6
5
3
2
1
5
B
SRPC
6
7
8
Unemployment rate (percentage of labor force)

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