Use the table below to answer the following questions.
Table 26.3.1

-Refer to Table 26.3.1. Consider the economy represented in the table. The economy eventually moves to its long-run equilibrium. In long-run equilibrium, the price level is ________ and real GDP is ________ billion.
A)125; $550
B)120; $600
C)120; $500
D)130; $600
E)130; $500

Question

Use the table below to answer the following questions.
Table 26.3.1
 
-Refer to Table 26.3.1. Consider the economy represented in the table. The economy eventually moves to its long-run equilibrium. In long-run equilibrium, the price level is ________ and real GDP is ________ billion.
A)125; $550 
B)120; $600 
C)120; $500 
D)130; $600 
E)130; $500

Quizplus · Accepted Answer

The Answer of Use the table below to answer the following questions.
Table 26.3.1
 
-Refer to Table 26.3.1. Consider the economy represented in the table. The economy eventually moves to its long-run equilibrium. In long-run equilibrium, the price level is ________ and real GDP is ________ billion.
A)125; $550 
B)120; $600 
C)120; $500 
D)130; $600 
E)130; $500

Use the Table Below to Answer the Following Questions