Figure 10-1

-In Figure 10-1, what is the equilibrium level of real GDP and equilibrium price?
A)$6,000 billion real GDP and price level of 110
B)$5,000 billion real GDP and price level of 120
C)$5,000 billion real GDP and price level of 110
D)$7,500 billion real GDP and price level of 100

Question

Figure 10-1
​ 
-In Figure 10-1, what is the equilibrium level of real GDP and equilibrium price?
A)$6,000 billion real GDP and price level of 110 
B)$5,000 billion real GDP and price level of 120 
C)$5,000 billion real GDP and price level of 110 
D)$7,500 billion real GDP and price level of 100

Quizplus · Accepted Answer

The Answer of Figure 10-1
​ 
-In Figure 10-1, what is the equilibrium level of real GDP and equilibrium price?
A)$6,000 billion real GDP and price level of 110 
B)$5,000 billion real GDP and price level of 120 
C)$5,000 billion real GDP and price level of 110 
D)$7,500 billion real GDP and price level of 100

Figure 10-1 ​

Figure 10-1