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(Solved): How can we determine what is happening to unemployment using an AS/AD graph? Unemployment is measur ...




How can we determine what is happening to unemployment using an AS/AD graph?
Unemployment is measured on the horizontal axis
How can we determine what is happening to unemployment using an AS/AD graph? Unemployment is measured on the horizontal axis of the graph, so if either curve moves right unemployment rises If GDP is rising it causes unemployment to fall, and vice versa. If GDP falls it causes unemployment to fall If inflation is high unemployment will rise


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