Figure 10-18

-Given the shift of the aggregate demand curve from AD₁ to AD₂ in Figure 10-18,the real GDP and price level (CPI)in long-run equilibrium will be
A)$10 billion and 200.
B)$4 billion and 150.
C)$10 billion and 150.
D)$10 billion and 100.

Question

Figure 10-18
 
-Given the shift of the aggregate demand curve from AD₁ to AD₂ in Figure 10-18,the real GDP and price level (CPI)in long-run equilibrium will be
A)$10 billion and 200. 
B)$4 billion and 150. 
C)$10 billion and 150. 
D)$10 billion and 100.

Quizplus · Accepted Answer

The Answer of Figure 10-18
 
-Given the shift of the aggregate demand curve from AD₁ to AD₂ in Figure 10-18,the real GDP and price level (CPI)in long-run equilibrium will be
A)$10 billion and 200. 
B)$4 billion and 150. 
C)$10 billion and 150. 
D)$10 billion and 100.

Figure 10-18 -Given the Shift of the Aggregate Demand Curve from AD₁