Solved

The Table Gives the Aggregate Demand and Aggregate Supply Schedules

Question 174

Multiple Choice

  The table gives the aggregate demand and aggregate supply schedules for a nation. -If the price level is 90,then the price level will ________ because ________. A) either fall or rise;markets are unstable and macroeconomic equilibrium is difficult to predict B) fall;the aggregate quantity demanded is less than the aggregate quantity supplied C) rise;the aggregate quantity demanded is less than the aggregate quantity supplied D) rise;the aggregate quantity demanded is greater than the aggregate quantity supplied E) fall;the aggregate quantity demanded is greater than the aggregate quantity supplied The table gives the aggregate demand and aggregate supply schedules for a nation.
-If the price level is 90,then the price level will ________ because ________.


A) either fall or rise;markets are unstable and macroeconomic equilibrium is difficult to predict
B) fall;the aggregate quantity demanded is less than the aggregate quantity supplied
C) rise;the aggregate quantity demanded is less than the aggregate quantity supplied
D) rise;the aggregate quantity demanded is greater than the aggregate quantity supplied
E) fall;the aggregate quantity demanded is greater than the aggregate quantity supplied

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents