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Refer to Figure 11

Question 99

Multiple Choice

  Refer to Figure 11.1.Assume aggregate demand is initially represented by AD<sub>1</sub> and full-employment output is $6.0 trillion.If aggregate demand increases by the amount of the GDP gap,equilibrium will occur at A) Point a. B) Point b. C) Point c. D) Point d. Refer to Figure 11.1.Assume aggregate demand is initially represented by AD1 and full-employment output is $6.0 trillion.If aggregate demand increases by the amount of the GDP gap,equilibrium will occur at


A) Point a.
B) Point b.
C) Point c.
D) Point d.

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