Multiple Choice
-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long-run aggregate supply, in long-run macroeconomic equilibrium, the price level will be __________ and real GDP will be __________ .
A) 110; $500
B) 120; $400
C) 100; $600
D) 90; $400
Correct Answer:

Verified
Correct Answer:
Verified
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