Refer to Figure 11

question 35

Multiple Choice

Refer to Figure 11.1.Assume aggregate demand is represented by AD₁ and full employment output is $6.0 trillion.The equilibrium level of income is

• A)$5.0 trillion.
• B)$5.8 trillion.
• C)$6.0 trillion.
• D)$6.2 billion.

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Definitions:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to the disease AIDS if not treated.

Genus

A class of things regarded as having various subcategories (its species).

Beverage

A drinkable liquid that is not water, often consumed for nourishment, refreshment, or pleasure.

Soft Drink

A non-alcoholic, flavored beverage that is typically carbonated.