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The Following Are an Aggregate Demand and Supply Schedules for a Hypothetical

Question 123

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The following are an aggregate demand and supply schedules for a hypothetical economy.All figures in $ billions.
The following are an aggregate demand and supply schedules for a hypothetical economy.All figures in $ billions. -Refer to the information above to answer this question.If the aggregate quantity demanded falls by 150,what will be the equilibrium price level and real output respectively? A) $120 and 900. B) $130 and 950. C) $140 and 950. D) $150 and 1,050. E) $160 and 1,050.
-Refer to the information above to answer this question.If the aggregate quantity demanded falls by 150,what will be the equilibrium price level and real output respectively?


A) $120 and 900.
B) $130 and 950.
C) $140 and 950.
D) $150 and 1,050.
E) $160 and 1,050.

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