Solved

Figure 33-2. -Refer to Stock Market Boom 2014.How Is the New Long-Run

Question 332

Multiple Choice

Figure 33-2. Figure 33-2. -Refer to Stock Market Boom 2014.How is the new long-run equilibrium different from the original one? A) the price level and real GDP are higher B) the price level and real GDP are lower. C) the price level is higher and real GDP is the same. D) the price level is the same and real GDP is higher.
-Refer to Stock Market Boom 2014.How is the new long-run equilibrium different from the original one?

A) the price level and real GDP are higher
B) the price level and real GDP are lower.
C) the price level is higher and real GDP is the same.
D) the price level is the same and real GDP is higher.

Correct Answer: