-In the Above Figure, the Aggregate Demand Curve Is AD₂

question 421

Multiple Choice

-In the above figure, the aggregate demand curve is AD₂, so the short-run equilibrium level of real GDP is

• A) $18 trillion.
• B) $18.5 trillion.
• C) more than $18 and less than $18.5 trillion.
• D) None of the above answers is correct.

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