Refer to the above diagram.At the equilibrium price and quantity:
A)aggregate demand exceeds aggregate supply.
B)the amount of real output demanded and supplied are equal.
C)aggregate demand equals aggregate supply.
D)aggregate supply exceeds aggregate demand.

Question

Refer to the above diagram.At the equilibrium price and quantity:
A)aggregate demand exceeds aggregate supply. 
B)the amount of real output demanded and supplied are equal. 
C)aggregate demand equals aggregate supply. 
D)aggregate supply exceeds aggregate demand.

Quizplus · Accepted Answer

The Answer of  Refer to the above diagram.At the equilibrium price and quantity:
A)aggregate demand exceeds aggregate supply. 
B)the amount of real output demanded and supplied are equal. 
C)aggregate demand equals aggregate supply. 
D)aggregate supply exceeds aggregate demand.

Refer to the Above Diagram