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The Following Table Shows the Aggregate Demand and Aggregate Supply

Question 103

Multiple Choice

The following table shows the aggregate demand and aggregate supply schedule for a hypothetical economy.
The following table shows the aggregate demand and aggregate supply schedule for a hypothetical economy.    -Refer to the above table.If the quantity of real domestic output demanded decreased by $500 and the quantity of real domestic output supplied increased by $500 at each price level,the new equilibrium price level and quantity of real domestic output would be: A)  150 and $1500. B)  150 and $2000. C)  200 and $2000. D)  250 and $2000.
-Refer to the above table.If the quantity of real domestic output demanded decreased by $500 and the quantity of real domestic output supplied increased by $500 at each price level,the new equilibrium price level and quantity of real domestic output would be:


A) 150 and $1500.
B) 150 and $2000.
C) 200 and $2000.
D) 250 and $2000.

Correct Answer:

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