Exhibit 14A-6 Aggregate demand and supply model

-As shown in Exhibit 14A-6,and assuming the aggregate demand curve shifts from AD₁ to AD₂,the full-employment level of real GDP is:
A) $10 billion.
B) $4 billion.
C) $100 billion.
D) unable to be determined.

Question

Exhibit 14A-6 Aggregate demand and supply model
 
-As shown in Exhibit 14A-6,and assuming the aggregate demand curve shifts from AD₁ to AD₂,the full-employment level of real GDP is:
A) $10 billion. 
B) $4 billion. 
C) $100 billion. 
D) unable to be determined.

Quizplus · Accepted Answer

The Answer of Exhibit 14A-6 Aggregate demand and supply model
 
-As shown in Exhibit 14A-6,and assuming the aggregate demand curve shifts from AD₁ to AD₂,the full-employment level of real GDP is:
A) $10 billion. 
B) $4 billion. 
C) $100 billion. 
D) unable to be determined.

Exhibit 14A-6 Aggregate Demand and Supply Model