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    Exam 10: Dynamic Change, Economic Fluctuations, and the Ad-As Model
  5. Question
    Figure 10-18 -Given the Shift of the Aggregate Demand Curve from AD<sub>1</sub>
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Figure 10-18 -Given the Shift of the Aggregate Demand Curve from AD1

Question 24

Question 24

Multiple Choice

Figure 10-18 Figure 10-18   -Given the shift of the aggregate demand curve from AD<sub>1</sub> to AD<sub>2 </sub>in Figure 10-18, the real GDP and price level (CPI)  in long-run equilibrium will be A) $10 billion and 200. B) $4 billion and 150. C) $10 billion and 150. D) $10 billion and 100.
-Given the shift of the aggregate demand curve from AD1 to AD2 in Figure 10-18, the real GDP and price level (CPI) in long-run equilibrium will be


A) $10 billion and 200.
B) $4 billion and 150.
C) $10 billion and 150.
D) $10 billion and 100.

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