Multiple Choice
Use the figure below to answer the following question(s) .
Figure 10-7
-Given the aggregate demand and aggregate supply curves for the economy depicted in Figure 10-7, the economy's output and price level are
A) output y1 and price level P1.
B) output y2 and price level P2
C) output y1 and price level P3.
D) output y2 and price level P1.
Correct Answer:

Verified
Correct Answer:
Verified
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