$$\begin{array} { | l | l | l | l | }
\hline \begin{array} { l }
\text { Price } \
\text { level }
\end{array} & \begin{array} { l }
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l }
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l }
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-The data in the above table indicate that the economy will be in a short-run macroeconomic equilibrium at a price level
A) between 119 and 111.
B) of 110.
C) of 120.
D) between 130 and 121.

Question

$$\begin{array} { | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Price } \
\text { level }
\end{array} & \begin{array} { l } 
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-The data in the above table indicate that the economy will be in a short-run macroeconomic equilibrium at a price level
A) between 119 and 111.
B) of 110.
C) of 120.
D) between 130 and 121.

Quizplus · Accepted Answer

The Answer of $$\begin{array} { | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Price } \
\text { level }
\end{array} & \begin{array} { l } 
\text { A ggregate } \
\text { demand } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Short-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} & \begin{array} { l } 
\text { Long-run } \
\text { aggregate } \
\text { supply } \
\text { (trillions of } \
\text { 2005 dollars) }
\end{array} \
\hline 140 & 9.0 & 11.5 & 10.0 \
\hline 130 & 9.5 & 11.0 & 10.0 \
\hline 120 & 10.0 & 10.5 & 10.0 \
\hline 110 & 105 & 10.0 & 10.0 \
\hline 100 & 11.0 & 9.5 & 10.0 \
\hline
\end{array}$$
-The data in the above table indicate that the economy will be in a short-run macroeconomic equilibrium at a price level
A) between 119 and 111.
B) of 110.
C) of 120.
D) between 130 and 121.

-The Data in the Above Table Indicate That the Economy