Table 11.1-Aggregate supply and demand
-In Table 11.1,at what output level does macro equilibrium occur?
A) $1100
B) $1400
C) $1700
D) $1800

Name: Table 11.1-Aggregate supply and demand -In Table 11.1,at what output level does macro equilibrium occur? A) $1100 B) $1400 C) $1700 D) $1800
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Question

Table 11.1-Aggregate supply and demand 
-In Table 11.1,at what output level does macro equilibrium occur?
A) $1100 
B) $1400 
C) $1700 
D) $1800

Quizplus · Accepted Answer

Macro equilibrium occurs where aggregate demand and aggregate supply intersect. In Table 11.1, the intersection point is at an output level of $1400.

Table 11.1-Aggregate Supply and Demand