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-Refer to the Above Diagram

Question 52

Multiple Choice

  -Refer to the above diagram.At the equilibrium price and quantity: A)  aggregate demand exceeds aggregate supply. B)  the amount of real output demanded and supplied are equal. C)  aggregate demand equals aggregate supply. D)  aggregate supply exceeds aggregate demand.
-Refer to the above diagram.At the equilibrium price and quantity:


A) aggregate demand exceeds aggregate supply.
B) the amount of real output demanded and supplied are equal.
C) aggregate demand equals aggregate supply.
D) aggregate supply exceeds aggregate demand.

Correct Answer:

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