If the Aggregate Demand Curve Is Represented by Price Level

Multiple Choice

If the aggregate demand curve is represented by Price Level = 300 - 0.02Y,then the point ____________ lies on the AD line.

A) Y = 20,000 and P = 10
B) Y = 30,000 and P = 10
C) Y = 40,000 and P = 10
D) Y = 10,000 and P = 10
E) Y = 25,000 and P = 10