Figure 10-18 -Given the shift of the aggregate demand curve from AD₁ to AD₂in Figure 10-18, the real GDP and price level (CPI) in long-run equilibrium will be A)$10 billion and 200. B)$4 billion and 150. C)$10 billion and 150. D)$10 billion and 100.

Question

Quizplus · Accepted Answer

The Answer of Figure 10-18 -Given the shift of the aggregate demand curve from AD₁ to AD₂in Figure 10-18, the real GDP and price level (CPI) in long-run equilibrium will be A)$10 billion and 200. B)$4 billion and 150. C)$10 billion and 150. D)$10 billion and 100.

Figure 10-18 -Given the Shift of the Aggregate Demand Curve from AD1

Figure 10-18 -Given the Shift of the Aggregate Demand Curve from AD₁