Use the following graph to answer questions 1 through 7 below: 10 Curve 1 9 Curve 2 8 D A 5 Inflation Rate (%) B No E - C 0 0 1 2 3 4 5 6 7 8 9 10 Unemployment Rate (%)Value: 2 What is Curve 1 most likely to depict? O a. Short-run Phillips Curve. O b. Long-run Aggregate Supply. O c. Short-run Aggregate Demand. O d. Long-run Phillips curve. Value: 2 What is Curve 2 most likely to depict? O a. Short-run Phillips Curve. O b. Long-run Aggregate Supply Curve. O c. Short-run Aggregate Supply Curve. O d. Long-run Phillips Curve.Value: 2 If the economy starts at Point B and the money supply growth rate increases, in the long-run the economyr will move to which point depicted in the graph? (:2- a. Moves to Point A. (:2- b. Moves to Point B. (I) c. Moves to Point C. (I:- d. Moves to Point D. 1What is the unemployment and corresponding inflation rate at Point B? C) a. 2% unemployment 8: 6% inflation C} b. 3% unemployment 8: 6% inflation C) c. 6% unemployment & 3% ination C} d. 6% unemployment 8.: 2% inflation Value: 6 Suppose the economy starts at B and the money supply growth rate increases. As a result of this increase in the money supply growth rater in the short-runr the ination rate will (increase; decrease or remain the same} while the unemployment rate will (increase; decrease or remain the same}. This is depicted by a point in the graph as Point