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Refer to the figure below. Which one of the following statements is FALSE (FIGURE 6)? Figure 6 Unemployment E ill 5 C .2 E 52
Refer to the figure below. Which one of the following statements is FALSE (FIGURE 6)? Figure 6 Unemployment E ill 5 C .2 E \"52 E0 AD H4 Y* Dutput(Y) Select one: a. The position of the AD curve indicates that the economy is in a FECESSiOH- ' " b. The economy is at equilibrium with unemployment. c. The risk of inflation is the major problem. ' " d. Inflationary pressures are low. e. Unemployment is the major
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