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The Following Are Aggregate Demand and Supply Schedules for a Hypothetical

Question 37

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The following are aggregate demand and supply schedules for a hypothetical economy.All figures are in $ billions.
The following are aggregate demand and supply schedules for a hypothetical economy.All figures are in $ billions. Note: Potential GDP is 3,000. -Refer to the information above to answer this question.What will equilibrium price level and GDP be? A) 150 and 2,600 B) 150 and 3,000 C) 170 and 3,600 D) 170 and 3,000 Note: Potential GDP is 3,000.
-Refer to the information above to answer this question.What will equilibrium price level and GDP be?


A) 150 and 2,600
B) 150 and 3,000
C) 170 and 3,600
D) 170 and 3,000

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