Key Graphs of Macroeconomics

Which graph has the real interest rate on the y axis?

• AD/AS Model

• Money Market

• Loanable Funds

• Phillips Curve

Which graph trades off unemployment with inflation?

• Production Possibilities

• Money Market

• Loanable Funds

• Phillips Curve

Which graph shows tradeoffs amid conditions of scarce resources?

• Production Possibilities

• Money Market

• Loanable Funds

• Phillips Curve

In the circular flow model, which way does money flow?

• from firms to product markets

• from firms to resource markets

• from households to resource markets

• from product markets to households

In the AS/AD model, which curve is vertical?

• AD

• SRAS

• LRAS

• RGDP

Which graph has the nominal interest rate on the y axis?

• AD/AS Model

• Money Market

• Loanable Funds

• Phillips Curve

In the AS/AD model, which causes a rightward shift of LRAS?

• Increased population and productivity

• Increased consumption

• Increased government transfers

• Decreased taxes

On a foreign exchange graph for US dollars, how is the y axis labeled?

• Peso/USD

• USD/Peso

• Price Level of USD

• Exchange rate for USD

Identify this graph

• AS/AD Model

• PPC

• Phillips Curve

• Loanable Funds Market

Identify this graph

• Money Market

• PPC

• Foreign Exchange Market

• Loanable Funds Market