-The data in the above table indicate that when the price level is 100,
A) inventories fall and the price level rises.
B) inventories rise and the price level falls.
C) the economy is in a long-run macroeconomic equilibrium.
D) the unemployment rate is at its equilibrium level.
Correct Answer:
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Q204: In the short-run, real GDP can be
Q205: In long-run macroeconomic equilibrium,
A) the price level
Q206: Q207: Short-run equilibrium occurs at the intersection of Q208: Q210: Q211: Last year in the country of Union, Q212: Short-run macroeconomic equilibrium occurs when the quantity Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)