Which of the Following Adjust to Bring Aggregate Supply and Demand

question 523

Multiple Choice

Which of the following adjust to bring aggregate supply and demand into balance?

• A)the price level and real output
• B)the real rate of interest and the money supply
• C)government expenditures and taxes
• D)the saving rate and net exports

---

Definitions:

Average Total Cost

The total cost divided by the quantity produced, denoting the cost per unit of production.

Natural Monopoly

A market structure where a single supplier is most efficient in producing the goods due to high fixed or startup costs, making it unfeasible for new entrants to compete.

Producer Surplus

The variance between the intended selling price by producers and the real price they end up receiving.

Consumers

Individuals or entities that purchase goods and services for personal use.