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Refer to the Graph Above

Question 98

Multiple Choice

Refer to the graph above. The equilibrium for this economy is: A) At point a B) At point b C) At price level P<sub>2</sub> and output Q<sub>2</sub> D) At price level P<sub>1</sub> and output Q<sub>1</sub> Refer to the graph above. The equilibrium for this economy is:


A) At point a
B) At point b
C) At price level P2 and output Q2
D) At price level P1 and output Q1

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