Multiple Choice
-In the above figure, when the economy is in a long-run equilibrium, real GDP will be
A) $17.5 trillion.
B) $18.0 trillion.
C) $19.5 trillion.
D) $19.0 trillion.
Correct Answer:

Verified
Correct Answer:
Verified
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q71: The aggregate demand curve shows<br>A) total expenditures
Q72: In the short-run macroeconomic equilibrium<br>A) real GDP
Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q74: When the economy is at an above-full-employment
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The curve labeled
Q77: Which of the following shifts the aggregate
Q78: Which of the following events shifts the
Q79: According to the intertemporal substitution effect, when
Q80: Give examples of factors that decrease aggregate