-In the above figure, at the price level of 140 and real GDP of
A)$4 billion, consumers will not be able to buy all the goods and services they demand.
B)$4 billion, firms will not be able to sell all their output.
C)$12 billion, firms will not be able to sell all their output.
D)$12 billion, consumers will not be able to buy all the goods and services they demand.

Question

-In the above figure, at the price level of 140 and real GDP of
A)$4 billion, consumers will not be able to buy all the goods and services they demand. 
B)$4 billion, firms will not be able to sell all their output. 
C)$12 billion, firms will not be able to sell all their output. 
D)$12 billion, consumers will not be able to buy all the goods and services they demand.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, at the price level of 140 and real GDP of
A)$4 billion, consumers will not be able to buy all the goods and services they demand. 
B)$4 billion, firms will not be able to sell all their output. 
C)$12 billion, firms will not be able to sell all their output. 
D)$12 billion, consumers will not be able to buy all the goods and services they demand.

-In the Above Figure, at the Price Level of 140