Use the table below to answer the following questions.
Table 10.3.1

-Refer to Table 10.3.1.The economy eventually moves to its long- run equilibrium.In long- run equilibrium, the price level is _______ and real GDP is _______ billion.
A)130; $500
B)125; $550
C)120; $500
D)120; $600
E)130; $600

Question

Use the table below to answer the following questions.
Table 10.3.1
 
-Refer to Table 10.3.1.The economy eventually moves to its long- run equilibrium.In long- run equilibrium, the price level is _______ and real GDP is _______ billion.
A)130; $500 
B)125; $550 
C)120; $500 
D)120; $600 
E)130; $600

Quizplus · Accepted Answer

The Answer of Use the table below to answer the following questions.
Table 10.3.1
 
-Refer to Table 10.3.1.The economy eventually moves to its long- run equilibrium.In long- run equilibrium, the price level is _______ and real GDP is _______ billion.
A)130; $500 
B)125; $550 
C)120; $500 
D)120; $600 
E)130; $600

Use the Table Below to Answer the Following Questions