Refer to the graph shown below. At point A:
A. economic growth is declining.
B. the economy has full employment.
C. inflation tends to be declining.
D. wages can be lowered due to worker surplus.
Answer:B
Refer to the graph shown below. At point A:
A. economic growth is declining. B. the economy has full employment. C. inflation tends to be declining. D. wages can be lowered due to worker surplus.
Explanation: Type: Multiple Choice