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-The Table Above Gives the Aggregate Demand and Aggregate Supply

question 187

Multiple Choice

  -The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long-run aggregate supply, in long-run macroeconomic equilibrium, the price level will be ________ and real GDP will be ________. A)  120; $400 B)  110; $500 C)  90; $400 D)  100; $600
-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. With no changes in aggregate demand or long-run aggregate supply, in long-run macroeconomic equilibrium, the price level will be ________ and real GDP will be ________.


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