Refer to the diagram below. If the initial aggregate demand and supply curves are AD₀ and AS₀, the equilibrium price level and level of real domestic output will be: A) F and C, respectively. B) G and B, respectively. C) F and A, respectively. D) E and B, respectively.

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The Answer of Refer to the diagram below. If the initial aggregate demand and supply curves are AD₀ and AS₀, the equilibrium price level and level of real domestic output will be: A) F and C, respectively. B) G and B, respectively. C) F and A, respectively. D) E and B, respectively.

Refer to the Diagram Below