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Use the Figure Below to Answer the Following Questions

Question 71

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 26.3.1 -Refer to Figure 26.3.1.If Econoworld automatically adjusts to a long-run equilibrium,then in the long-run macroeconomic equilibrium A) the price level is 70. B) real GDP is $440 billion. C) actual unemployment exceeds the natural unemployment rate. D) potential GDP is greater than in the short run. E) both A and B.
Figure 26.3.1
-Refer to Figure 26.3.1.If Econoworld automatically adjusts to a long-run equilibrium,then in the long-run macroeconomic equilibrium


A) the price level is 70.
B) real GDP is $440 billion.
C) actual unemployment exceeds the natural unemployment rate.
D) potential GDP is greater than in the short run.
E) both A and B.

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