The Table Gives Aggregate Demand and Supply Schedules for a
\hline

question 75

Multiple Choice

$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Amount of Real Output } \\\text { Demanded }\end{array} & \text { Price Level (Index Value) } & \begin{array} { c } \text { Amount of Real Output } \\\text { Supplied }\end{array} \\\hline \$ 200 & 300 & \$ 500 \\\hline 300 & 250 & 450 \\\hline 400 & 200 & 400 \\\hline 500 & 150 & 300 \\\hline 600 & 100 & 200 \\\hline\end{array}$$ The table gives aggregate demand and supply schedules for a hypothetical economy. The equilibrium price level will be

• A) 150.
• B) 200.
• C) 250.
• D) 300.

---

Definitions:

Privacy Act Of 1974

A U.S. law established to regulate the collection, use, and dissemination of personal information by federal agencies.

Nonexempt Record

A document or piece of information that is not protected from disclosure under law, thus is available for public access.

Amend

To make official changes to a document, law, or constitutional text.

Administrative Agency

A government body created to oversee and regulate specific aspects of the economy, implement policy, and enforce laws within its jurisdiction.