quiz 7-1 part 2

Which of the following statements are true based on these graphs? Check all that apply. The current quantity of output is greater than potential output. The unemployment rate is currently 9% higher than the natural rate of unemployment. The natural level of output is $3 trillion. Suppose the central bank of the economy decreases the money supply. show the long-run effects of this policy on both of the graphs by shifting the appropriate curves. The long-run effect of the central bank's policy is we in the inflation rate, in the unemployment rate, and in real GDP. Grade It Now Save & Continue Continue without saving