The Quantity of Real GDP Demanded Equals $18

Multiple Choice

The quantity of real GDP demanded equals $18.2 trillion when the price level is 90. If the price level rises to 95, the quantity of real GDP demanded equals

A) less than $18.2 trillion.
B) $18.2 trillion.
C) more than $18.2 trillion.
D) more information is needed to determine if the quantity of real GDP demanded increases, decreases, or does not change.