menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 5
  4. Exam
    Exam 11: The Economy in the Long Run: an Introduction to Economic Growth
  5. Question
    The SRAS Is Horizontal at a Price Level of 2
Solved

The SRAS Is Horizontal at a Price Level of 2

Question 41

Question 41

Multiple Choice

  The SRAS is horizontal at a price level of 2. -According to the AD-AS model,the economy depicted above will achieve a long-run equilibrium state with a price level equal to ___________ and output equal to ___________. A)  2;550 B)  4;550 C)  3;550 D)  4;650 E)  2;650 The SRAS is horizontal at a price level of 2.
-According to the AD-AS model,the economy depicted above will achieve a long-run equilibrium state with a price level equal to ___________ and output equal to ___________.


A) 2;550
B) 4;550
C) 3;550
D) 4;650
E) 2;650

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Which of the following will shift the

Q37: The economy depicted in the diagram below

Q38: Starting from the initial long-run equilibrium at

Q39: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The rightward shift

Q40: For the economy depicted in the diagram

Q42: A model that can directly explain what

Q43: Which of the following will shift the

Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The leftward shift

Q45: An economy is characterized by the AD

Q46: In recent decades,the statistical inverse relationship between

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines