The figure below shows the aggregate demand and supply curves for the U.S.The figure given below shows that between period 1 and period 2 nominal GDP changed from $40,000 to:
Figure 5.2
A) $18,000 and back again.
B) $18,000 and stayed there.
C) $18,000 in period 1 and to $10,000 in period 2.
D) $10,000 in period 1 and stayed there in period 2.
E) $10,000 in period 1 and to $18,000 in period 2.
Correct Answer:
Verified
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