-Referring to the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, which box should be filled with the label PI* for the macroeconomic equilibrium level of the price index?
A)Box 1
B)Box 2
C)Box 5
D)Box 6

Question

-Referring to the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, which box should be filled with the label PI* for the macroeconomic equilibrium level of the price index? 
A)Box 1 
B)Box 2 
C)Box 5 
D)Box 6

Quizplus · Accepted Answer

The Answer of 
-Referring to the Aggregate Demand - Aggregate Supply diagram in Figure 8.1, which box should be filled with the label PI* for the macroeconomic equilibrium level of the price index? 
A)Box 1 
B)Box 2 
C)Box 5 
D)Box 6

-Referring to the Aggregate Demand - Aggregate Supply Diagram in Figure