As shown in Exhibit 14A-1 and assuming the aggregate demand curve shifts from AD₁ and AD₂ ,the full-employment level of real GDP is:
A) $12 billion.
B) $8 billion.
C) $150 billion.
D) unable to be determined.

Question

Quizplus · Accepted Answer

The Answer of As shown in Exhibit 14A-1 and assuming the aggregate demand curve shifts from AD₁ and AD₂ ,the full-employment level of real GDP is:
A) $12 billion.
B) $8 billion.
C) $150 billion.
D) unable to be determined.

As Shown in Exhibit 14A-1 and Assuming the Aggregate Demand