Refer to the information provided in Figure 11.2 below to answer the questions that follow. Figure 11.2
-Refer to Figure 11.2. Between the output levels of $300 billion and $600 billion, the relationship between the price level and output is
A) negative.
B) positive.
C) constant.
D) There is no relationship between the price level and output.

Question

Refer to the information provided in Figure 11.2 below to answer the questions that follow.  Figure 11.2
-Refer to Figure 11.2. Between the output levels of $300 billion and $600 billion, the relationship between the price level and output is
A) negative. 
B) positive. 
C) constant. 
D) There is no relationship between the price level and output.

Quizplus · Accepted Answer

Between the output levels of $300 billion and $600 billion, as the output increases, the price level also increases, indicating a positive relationship between the two.

Refer to the Information Provided in Figure 11