(Figure: Determining Aggregate Equilibrium Levels) Equilibrium Output Is _____

question 170

Multiple Choice

(Figure: Determining Aggregate Equilibrium Levels) Equilibrium output is _____ units and the equilibrium price level is _____.

• A) 2,000; $130
• B) 5,000; $160
• C) 3,000; $100
• D) 100; $3,000

---

Definitions:

High Net Energy

Refers to energy sources that provide a significant amount of useful energy output compared to the energy input required to produce them.

Biofuels

Fuels derived from living matter or the waste they produce, such as ethanol and biodiesel, regarded as renewable alternatives to fossil fuels.

High Land Use

The extensive utilization of land resources for purposes such as agriculture, urban development, or industrial applications, often impacting natural habitats.

Micropower System

A small-scale electricity generation system that produces power ranging from a few watts to several megawatts, often using renewable sources.