The data in the above table show that when the price level is 120

A) the unemployment rate is below its natural rate.
B) the unemployment rate is above its natural rate.
C) money wages rates will rise in the future.
D) the long-run aggregate supply curve will shift leftward in the future.

B

Economics

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If food is on the vertical axis and shelter on the horizontal axis, the slope of the budget line is given by

A. -Ps/Pf. B. -Pf/Ps. C. Pf/Ps. D. Ps/Pf.

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