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Answer the Question on the Basis of the Following Aggregate

Question 94

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Answer the question on the basis of the following aggregate demand and supply schedules for a hypothetical economy: Amount of Real Output Demanded$200300400500600Price Level(Index Value) 300250200150100Amount of RealOutput Supplied$500450400300200\begin{array}{c}\begin{array}{c}\text {Amount of Real }\\\underline{\text {Output Demanded}}\\\$ 200 \\300 \\400 \\500 \\600\end{array}\begin{array}{c}\text {Price Level}\\\underline{\text {(Index Value) }}\\300\\250\\200\\150\\100\end{array}\begin{array}{c}\text {Amount of Real}\\\underline{\text {Output Supplied}}\\\$ 500 \\450 \\400 \\300 \\200\end{array}\end{array} Refer to the data.If the amount of real output demanded at each price level falls by $200,the equilibrium price level and equilibrium level of real domestic output will fall to:


A) 250 and $200,respectively.
B) 200 and $300,respectively.
C) 150 and $300,respectively.
D) 150 and $200,respectively.

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