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Figure 10-1 In Figure 10-1, What Is the Equilibrium Level of Real

Question 116

Multiple Choice

Figure 10-1
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
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

Correct Answer: