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-In the Above Figure, the Economy Is at Point a When

Question 378

Multiple Choice

  -In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $19.0 trillion, then it must be the case that A)  aggregate demand has decreased. B)  aggregate supply has decreased. C)  aggregate demand has increased. D)  aggregate supply has increased.
-In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $19.0 trillion, then it must be the case that


A) aggregate demand has decreased.
B) aggregate supply has decreased.
C) aggregate demand has increased.
D) aggregate supply has increased.

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