-In the above figure, when the economy is in a long-run equilibrium, real GDP will be
A) $13.0 trillion.
B) $14.0 trillion.
C) $12.5 trillion.
D) $13.5 trillion.

Name: -In the above figure, when the economy is in a long-run equilibrium, real GDP will be A) $13.0 trillion. B) $14.0 trillion. C) $12.5 trillion. D) $13.5 trillion.
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Question

-In the above figure, when the economy is in a long-run equilibrium, real GDP will be
A) $13.0 trillion. 
B) $14.0 trillion. 
C) $12.5 trillion. 
D) $13.5 trillion.

Quizplus · Accepted Answer

Real GDP will be $13.0 trillion in the long-run equilibrium because the aggregate supply curve (AS) intersects the aggregate demand curve (AD) at that point.

-In the Above Figure, When the Economy Is in a Long-Run