Multiple Choice
Consider schedule #1 in the aggregate demand and aggregate supply table given below.The equilibrium output and price level for the economy described on this schedule are:
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Table 10.1
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A) $7.0 and 110,respectively.
B) $6.5 and 120,respectively.
C) $6.0 and 130,respectively.
D) $5.5 and 140,respectively.
E) $5.0 and 150,respectively.
Correct Answer:

Verified
Correct Answer:
Verified
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