?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Easy

Business Cycle: Recessionary Period

APMACR-ZP$YRG

Created for Albert.io. Copyright 2016. All rights reserved.

On the graph above, if an economy was moving from point B to point C, which of the following statements would be true?

A

Output and unemployment would both increase.

B

Output would increase and unemployment would decrease.

C

Output would decrease and unemployment would increase.

D

Output would not change and unemployment would decrease.

E

Output and unemployment would both decrease.