The figure below shows the aggregate demand and supply curves for the U.S. The figure given below shows that between period 1 and period 2 nominal GDP changed from $40,000 to:

A) $18,000 and back again.
B) $18,000 and stayed there.
C) $18,000 in period 1 and to $10,000 in period 2.
D) $10,000 in period 1 and stayed there in period 2.
E) $10,000 in period 1 and to $18,000 in period 2.

Question

The figure below shows the aggregate demand and supply curves for the U.S. The figure given below shows that between period 1 and period 2 nominal GDP changed from $40,000 to:

A) $18,000 and back again. 
B) $18,000 and stayed there. 
C) $18,000 in period 1 and to $10,000 in period 2. 
D) $10,000 in period 1 and stayed there in period 2. 
E) $10,000 in period 1 and to $18,000 in period 2.

Quizplus · Accepted Answer

The Answer of The figure below shows the aggregate demand and supply curves for the U.S. The figure given below shows that between period 1 and period 2 nominal GDP changed from $40,000 to:

A) $18,000 and back again. 
B) $18,000 and stayed there. 
C) $18,000 in period 1 and to $10,000 in period 2. 
D) $10,000 in period 1 and stayed there in period 2. 
E) $10,000 in period 1 and to $18,000 in period 2.

The Figure Below Shows the Aggregate Demand and Supply Curves