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

question 70

Multiple Choice

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

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

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