The Following Table Shows the Aggregate Demand and Aggregate Supply

question 121

Multiple Choice

The following table shows the aggregate demand and aggregate supply schedule for a hypothetical economy. Refer to the above table.If the quantity of real domestic output demanded decreased by $500 and the quantity of real domestic output supplied increased by $500 at each price level, the new equilibrium price level and quantity of real domestic output would be:

• A)150 and $1500.
• B)150 and $2000.
• C)200 and $2000.
• D)250 and $2000.