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If the overall rate of unemployment is 8.3 percent, what is the rate of cyclical unemployment? Instructions: Round your answer to one decimal place. Cyclical
If the overall rate of unemployment is 8.3 percent, what is the rate of cyclical unemployment? Instructions: Round your answer to one decimal place. Cyclical unemployment is 1%Given the information in the graph: Price Level AD4 AD3 ADS ADT Real GDP a) If aggregate demand shifts from AD, to AD2, what happens to the level of prices and to output? O Price level and output rise Price level rises and output stays the same O Price level and output stay the sameInstructions: Answer format is a letter or letters. If GDP = C + I and if GDP = C + S, then\fa) If aggregate demand shifts from AD, to AD2, what happens to the level of prices and to output? O Price level and output rise Price level rises and output stays the same O Price level and output stay the same Price level falls and output rises b) If aggregate demand shifts from AD2 to AD3, what happens to the level of prices and to output? O Price level rises and output stays the same O Price level and output rise Price level and output stay the same O Price level falls and output rises c) If aggregate demand shifts from ADg to AD4. what happens to the level of prices and to output? Price level and output stay the same Price level and output rise O Price level falls and output rises O Price level rises and output stays the same
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