The following are an aggregate demand and supply schedules for a hypothetical economy.All figures in $ billions.
-Refer to the information above to answer this question.At what level of real output will full employment occur?
Definitions:
Hard Enough
A phrase indicating a task or challenge that presents a sufficient level of difficulty.
Lazy
A lack of willingness to work or use energy, often characterized by inactivity and a tendency to avoid effort.
Closed System
A theoretical concept in various sciences referring to a system that does not interact with others systems or its environment, exchanging neither matter nor energy.
Open System
A social system in which status is based on achieved attributes.
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