The Following Table Shows the Aggregate Demand and Aggregate Supply

question 103

Multiple Choice

The following table shows the aggregate demand and aggregate supply schedule for a hypothetical economy.

-Refer to the above table.If the quantity of real domestic output demanded decreased by $500 and the quantity of real domestic output supplied increased by $500 at each price level,the new equilibrium price level and quantity of real domestic output would be:

• A) 150 and $1500.
• B) 150 and $2000.
• C) 200 and $2000.
• D) 250 and $2000.

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Definitions:

Line-Angle Formula

A simplified diagrammatic method of representing organic molecules, where lines represent bonds and the ends of lines or vertices represent carbon atoms, with heteroatoms (non-carbon atoms) usually labeled.

Compound

A compound consisting of two or more elements that are chemically united in a constant ratio.

Line-Angle Formula

A simplified representation of organic molecules where lines represent bonds between atoms, and atom junctions or the ends of lines represent carbon atoms.

Skeletal Structure

A simplified organic chemistry diagram showing the bonding arrangement of atoms within a molecule without depicting hydrogen atoms.