Table 10.1
$$\begin{array}{l}
\text { Table } 10.1\
\begin{array} { | c | c | c | }
\hline \begin{array} { c }
\text { Quantity of } \
\text { Aggregate Output } \
\text { Demanded (\$) }
\end{array} & \begin{array} { c }
\text { Price } \
\text { Level }
\end{array} & \begin{array} { c }
\text { Quantity of } \
\text { Aggregate Output } \
\text { Supplied (\$) }
\end{array} \
\hline 7.0 & 110 & 5.0 \
\hline 6.5 & 120 & 5.5 \
\hline 6.0 & 130 & 6.0 \
\hline 5.5 & 140 & 6.5 \
\hline 5.0 & 150 & 7.0 \
\hline
\end{array}
\end{array}$$
-Refer to Table 10.1, which shows the aggregate demand and aggregate supply in an economy. What is quantity supplied if the price level is at 150?
A) $7.0
B) $6.5
C) $6.0
D) $5.5
E) $5.0

Question

Table 10.1
 $$\begin{array}{l}
\text { Table } 10.1\
\begin{array} { | c | c | c | } 
\hline \begin{array} { c } 
\text { Quantity of } \
\text { Aggregate Output } \
\text { Demanded (\$) }
\end{array} & \begin{array} { c } 
\text { Price } \
\text { Level }
\end{array} & \begin{array} { c } 
\text { Quantity of } \
\text { Aggregate Output } \
\text { Supplied (\$) }
\end{array} \
\hline 7.0 & 110 & 5.0 \
\hline 6.5 & 120 & 5.5 \
\hline 6.0 & 130 & 6.0 \
\hline 5.5 & 140 & 6.5 \
\hline 5.0 & 150 & 7.0 \
\hline
\end{array}
\end{array}$$
-Refer to Table 10.1, which shows the aggregate demand and aggregate supply in an economy. What is quantity supplied if the price level is at 150?
A) $7.0
B) $6.5
C) $6.0
D) $5.5
E) $5.0

Quizplus · Accepted Answer

At a price level of 150, the quantity of aggregate output supplied is $7.0 according to the table.

Table 101 -Refer to Table 10