Figure 10-18

-Beginning from long-run equilibrium at point E₁ in Figure 10-18,the aggregate demand curve shifts to AD₂.The real GDP and price level (CPI)in short-run equilibrium will be
A)$10 billion and 200.
B)$10 billion and 150.
C)$10 billion and 100.
D)$4 billion and 150.

Question

Figure 10-18
 
-Beginning from long-run equilibrium at point E₁ in Figure 10-18,the aggregate demand curve shifts to AD₂.The real GDP and price level (CPI)in short-run equilibrium will be
A)$10 billion and 200. 
B)$10 billion and 150. 
C)$10 billion and 100. 
D)$4 billion and 150.

Quizplus · Accepted Answer

The Answer of Figure 10-18
 
-Beginning from long-run equilibrium at point E₁ in Figure 10-18,the aggregate demand curve shifts to AD₂.The real GDP and price level (CPI)in short-run equilibrium will be
A)$10 billion and 200. 
B)$10 billion and 150. 
C)$10 billion and 100. 
D)$4 billion and 150.

Figure 10-18 -Beginning from Long-Run Equilibrium at Point E₁ in Figure 10-18,the