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-The Table Above Gives the Aggregate Demand and Aggregate Supply

Question 252

Multiple Choice

-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long- run aggregate supply, in long- run macroeconomic equilibrium, the price level will be and real GDP will be . A) 110; $500 B) 120; $400 C) 90; $400 D) 100; $600
-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long- run aggregate supply, in long- run macroeconomic equilibrium, the price level will be and real GDP will be .


A) 110; $500
B) 120; $400
C) 90; $400
D) 100; $600

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