-If the price level is 150,then:
A) a surplus of real output of $200 will occur
B) a shortage of real output of $100 will occur
C) a surplus of real output of $300 will occur
D) neither a shortage nor a surplus of real output will occur
E) a shortage of real output of $200 will occur
Correct Answer:
Verified
Q22: Consider the following table:
Q23: The aggregate supply curve:
A)shows the various amounts
Q24: Which of the following would not shift
Q25: Aggregate supply factors:
A)are consumption, investment, government, and
Q26: Ceteris paribus,an improvement in productivity will shift
Q28: The change in aggregate demand indicated in
Q29: Consider the following table:
Q30: Consider the following table:
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