If the Aggregate Demand Curve Is Represented by Price Level

question 90

Multiple Choice

If the aggregate demand curve is represented by Price Level = 300 - 0.02Y,then the point ____________ lies on the AD line.

• A) Y = 20,000 and P = 10
• B) Y = 30,000 and P = 10
• C) Y = 40,000 and P = 10
• D) Y = 10,000 and P = 10
• E) Y = 25,000 and P = 10

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