-Refer to the Above Diagram

Multiple Choice

-Refer to the above diagram.If aggregate supply is AS₁ and aggregate demand is AD₀,then:

A) at any price level above G a shortage of real output would occur.
B) F represents a price level which would result in a surplus of real output of AC.
C) a surplus of real output of GH would occur.
D) F represents a price level which would result in a shortage of real output of AC.