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    Survey of Economics Study Set 1
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    Exam 14: Aggregate Demand and Supply
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    Exhibit 14A-6  Aggregate Demand and Supply Model as Shown in Exhibit
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Exhibit 14A-6  Aggregate Demand and Supply Model as Shown in Exhibit

Question 40

Question 40

Multiple Choice

Exhibit 14A-6  Aggregate demand and supply model Exhibit 14A-6  Aggregate demand and supply model   As shown in Exhibit 14A-6, and assuming the aggregate demand curve shifts from AD<sub>1</sub> to AD<sub>2</sub>, the full-employment level of real GDP is: A)  $10 billion. B)  $4 billion. C)  $100 billion. D)  unable to be determined. As shown in Exhibit 14A-6, and assuming the aggregate demand curve shifts from AD1 to AD2, the full-employment level of real GDP is:


A) $10 billion.
B) $4 billion.
C) $100 billion.
D) unable to be determined.

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