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It Shows the Aggregate Demand and Aggregate Supply Schedule for a Hypothetical

Question 121

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It shows the aggregate demand and aggregate supply schedule for a hypothetical economy. It shows the aggregate demand and aggregate supply schedule for a hypothetical economy.   Refer to the table above. 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 table above. 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

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