(Solved): Use the following diagram to answer the next question. The move from point 1 to point 2 in the diag ...

Use the following diagram to answer the next question. The move from point 1 to point 2 in the diagram represents Multiple Choice an increase in the unemoloyment rate and a decrease in the inflation rate. a decrease in the unempioyment rate and an increase in the inflation rate. o decrease in both the unemployment fate and the inflation rate. an increase in both the conerpioyment rate and the inflation rate.