Use the figure below to answer the following question(s). Figure 9-2 Which of the following is true for the economy depicted in Figure 9-2? A) Potential output equals y₁. B) It would be impossible for this economy to achieve an output greater than y₁. C) When output y₁ is achieved, the actual rate of unemployment will exceed the natural rate of unemployment. D) When output y₁ is achieved, the actual rate of unemployment will be less than the natural rate of unemployment.

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The Answer of Use the figure below to answer the following question(s). Figure 9-2 Which of the following is true for the economy depicted in Figure 9-2? A) Potential output equals y₁. B) It would be impossible for this economy to achieve an output greater than y₁. C) When output y₁ is achieved, the actual rate of unemployment will exceed the natural rate of unemployment. D) When output y₁ is achieved, the actual rate of unemployment will be less than the natural rate of unemployment.

Use the Figure Below to Answer the Following Question(s)