$\begin{array} { | c | c | c | }
\hline \begin{array} { c }
\text { Amount of Real } \
\text { Output Demanded }
\end{array} & \begin{array} { c }
\text { Price Level } \
\text { (index value) }
\end{array} & \begin{array} { c }
\text { Amount of Real } \
\text { Output Supplied }
\end{array} \
\hline \$ 200 & 300 & \$ 475 \
\hline 300 & 250 & 450 \
\hline 400 & 200 & 400 \
\hline 500 & 150 & 300 \
\hline 600 & 100 & 100 \
\hline
\end{array}$
-The equilibrium price level will be:

Question

$\begin{array} { | c | c | c | } 
\hline \begin{array} { c } 
\text { Amount of Real } \
\text { Output Demanded }
\end{array} & \begin{array} { c } 
\text { Price Level } \
\text { (index value) }
\end{array} & \begin{array} { c } 
\text { Amount of Real } \
\text { Output Supplied }
\end{array} \
\hline \$ 200 & 300 & \$ 475 \
\hline 300 & 250 & 450 \
\hline 400 & 200 & 400 \
\hline 500 & 150 & 300 \
\hline 600 & 100 & 100 \
\hline
\end{array}$
-The equilibrium price level will be:

Quizplus · Accepted Answer

Equilibrium is achieved when the amount of real output demanded equals the amount of real output supplied. In this table, both are equal at 400 when the price level is 200.

-The Equilibrium Price Level Will Be: A)150 B)100 C)250 D)300

-The Equilibrium Price Level Will Be:
A)150
B)100
C)250
D)300