The Figure Below Shows the Equilibrium in an Aggregate Demand-Aggregate

question 50

Multiple Choice

The figure below shows the equilibrium in an aggregate demand-aggregate supply model.In this figure,which of the following is true for an economy that is at point V in the short run?​ ​
Figure 10.4

• A)There is a recessionary gap worth $200 billion.
• B)The potential output is $7 trillion.
• C)The actual price level is 100.
• D)The natural rate of unemployment is more than 6.8 trillion.
• E)The actual output is equal to the potential output.

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Adaptive Value

The extent to which a trait or behavior increases the odds of survival and reproduction for an organism in its environment.

Classical Conditioning

The educational process of repeatedly combining two stimuli; a reaction that initially occurs in response to the second stimulus eventually happens in response to the first stimulus alone.

Scientific Methodology

A systematic approach to research in which a problem is identified, relevant data are gathered, a hypothesis is formulated from these data, and the hypothesis is empirically tested.