-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to
A)$13.0 billion.
B)$12.5 billion.
C)$13.5 billion.
D)None of the above answers is correct.

Question

-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to
A)$13.0 billion. 
B)$12.5 billion. 
C)$13.5 billion. 
D)None of the above answers is correct.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, the economy is at point A when the price level rises to 120. Money wage rates and other resource prices remain constant. Firms are willing to supply output equal to
A)$13.0 billion. 
B)$12.5 billion. 
C)$13.5 billion. 
D)None of the above answers is correct.

-In the Figure Above, the Economy Is at Point a When