The Quantity of Real GDP Demanded on the AD Curve

question 156

Multiple Choice

The quantity of real GDP demanded on the AD curve is the equilibrium real GDP when

• A)aggregate planned expenditure is greater than real GDP.
• B)equilibrium expenditure is greater than real GDP.
• C)aggregate planned expenditure equals real GDP.
• D)aggregate planned expenditure is less than real GDP.
• E)the price level equals the equilibrium price level.

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