Figure 10-18 Given the shift of the aggregate demand curve from AD₁ to AD₂ in Figure 10-18, the real GDP and price level (CPI) in long-run equilibrium will be A) $10 billion and 200. B) $4 billion and 150. C) $10 billion and 150. D) $10 billion and 100.

Question

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The Answer of Figure 10-18 Given the shift of the aggregate demand curve from AD₁ to AD₂ in Figure 10-18, the real GDP and price level (CPI) in long-run equilibrium will be A) $10 billion and 200. B) $4 billion and 150. C) $10 billion and 150. D) $10 billion and 100.

Figure 10-18 Given the Shift of the Aggregate Demand