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    Macroeconomics Study Set 46
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    Exam 24: Aggregate Demand and Aggregate Supply
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    -Based on the Figure Above, Short- Run Equilibrium Occurs at the Price
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-Based on the Figure Above, Short- Run Equilibrium Occurs at the Price

Question 70

Question 70

Multiple Choice

  -Based on the figure above, short- run equilibrium occurs at the price level of A) 140 and real GDP of $12 billion. B) 130 and real GDP of $12 billion. C) 120 and real GDP of $4 billion. D) 130 and real GDP of $8 billion.
-Based on the figure above, short- run equilibrium occurs at the price level of


A) 140 and real GDP of $12 billion.
B) 130 and real GDP of $12 billion.
C) 120 and real GDP of $4 billion.
D) 130 and real GDP of $8 billion.

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