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-If Aggregate Supply Is AS1 and Aggregate Demand Is AD0,then

Question 50

Multiple Choice

  -If aggregate supply is AS<sub>1</sub> and aggregate demand is AD<sub>0</sub>,then: A) at any price level above 0g, a shortage of real output would occur B) 0f represents a price level that would result in a surplus of real output of ac C) a surplus of real output of gh would occur D) 0f represents a price level that would result in a shortage of real output of ac E) 0f represents a price level that would result in a surplus of real output of 0a
-If aggregate supply is AS1 and aggregate demand is AD0,then:


A) at any price level above 0g, a shortage of real output would occur
B) 0f represents a price level that would result in a surplus of real output of ac
C) a surplus of real output of gh would occur
D) 0f represents a price level that would result in a shortage of real output of ac
E) 0f represents a price level that would result in a surplus of real output of 0a

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