Price Level FIGURE 30-2 le Select one: 60 OA. 1 only OR 2 only OC 3 only OD. 1 and 2 Y' A$1 ASO AD1 ADO Refer to Figure 30-2. At Eg, the unemployment rate is 5.6%. Therefore, 1) the NAIRU is 5.6%; 2) cyclical unemployment is 5.6%; 3) the economy is at full unemployment. Real GDP
Price Level FIGURE 30-2 le Select one: 60 OA. 1 only OR 2 only OC 3 only OD. 1 and 2 Y' A$1 ASO AD1 ADO Refer to Figure 30-2. At Eg, the unemployment rate is 5.6%. Therefore, 1) the NAIRU is 5.6%; 2) cyclical unemployment is 5.6%; 3) the economy is at full unemployment. Real GDP
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Note: The answer should be typed.
![Price Level
FIGURE 30-2
160
82
Select one:
OA 1 only
OB 2 only
OC 3 only
OD. 1 and 2
OE
1 and 3
50
Y'
A$₁
AD1
ADO
Real GDP
Refer to Figure 30-2. At Eg, the unemployment rate is 5.6%. Therefore,
1) the NAIRU is 5.6%;
2) cyclical unemployment is 5.6%;
3) the economy is at full unemployment.
6:31 PM](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faaddc3fc-ec97-4ca6-aaae-bb996b719b45%2Ff3da63ae-b33e-417f-8c5b-3e3ffc452fb4%2Fg3rfluh.jpeg&w=3840&q=75)
Transcribed Image Text:Price Level
FIGURE 30-2
160
82
Select one:
OA 1 only
OB 2 only
OC 3 only
OD. 1 and 2
OE
1 and 3
50
Y'
A$₁
AD1
ADO
Real GDP
Refer to Figure 30-2. At Eg, the unemployment rate is 5.6%. Therefore,
1) the NAIRU is 5.6%;
2) cyclical unemployment is 5.6%;
3) the economy is at full unemployment.
6:31 PM
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