The Following Aggregate Demand and Supply Schedules Are for a Hypothetical

Multiple Choice

The following aggregate demand and supply schedules are for a hypothetical economy:

-Refer to the above data.If the price level is 150 and producers supply $300 of real output:

A) a shortage of real output of $200 will occur.
B) a shortage of real output of $100 will occur.
C) a surplus of real output of $300 will occur.
D) neither a shortage nor a surplus of real output will occur.