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-In the Above Figure, If the Relevant Aggregate Demand Curve

Question 106

Multiple Choice

-In the above figure, if the relevant aggregate demand curve is AD<sub>2</sub>, what are the short-run equilibrium price level and real GDP? A) 130 and $12 trillion B) 130 and $11.5 trillion C) 120 and $11.5 trillion D) 120 and $12 trillion
-In the above figure, if the relevant aggregate demand curve is AD2, what are the short-run equilibrium price level and real GDP?


A) 130 and $12 trillion
B) 130 and $11.5 trillion
C) 120 and $11.5 trillion
D) 120 and $12 trillion

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