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-If the Equilibrium Price Level Is P1,then

Question 68

Multiple Choice

  -If the equilibrium price level is P<sub>1</sub>,then: A) aggregate demand is AD<sub>2</sub> B) the equilibrium output level is Q<sub>3</sub> C) the equilibrium output level is Q<sub>2</sub> D) producers will supply output level Q<sub>1</sub> E) there is negative unplanned investment at this price
-If the equilibrium price level is P1,then:


A) aggregate demand is AD2
B) the equilibrium output level is Q3
C) the equilibrium output level is Q2
D) producers will supply output level Q1
E) there is negative unplanned investment at this price

Correct Answer:

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