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Table 52 Shows the Aggregate Demand and Supply Schedules for the the Economy

Question 158

Multiple Choice

Table 5.2 shows the aggregate demand and supply schedules for the economy of Adana.
Table 5.2 shows the aggregate demand and supply schedules for the economy of Adana. -Refer to Table 5.2 to answer this question.What are the implications if the price level is 100? A) The price level is above equilibrium. B) There is a shortage of real output of $250. C) There is a surplus of real output of $250. D) There is a surplus of real output of $150.
-Refer to Table 5.2 to answer this question.What are the implications if the price level is 100?


A) The price level is above equilibrium.
B) There is a shortage of real output of $250.
C) There is a surplus of real output of $250.
D) There is a surplus of real output of $150.

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