-Based on the Figure Above, Short-Run Equilibrium Occurs at the Price

question 336

Multiple Choice

-Based on the figure above, short-run equilibrium occurs at the price level of

• A) 130 and real GDP of $8 trillion.
• B) 140 and real GDP of $12 trillion.
• C) 120 and real GDP of $4 trillion.
• D) 130 and real GDP of $12 trillion.