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Other Fields Homework Help Economics Topic started by: Loraine on Jun 22, 2015



Title: If the equilibrium price level is 135 but the actual price level is 150, then
Post by: Loraine on Jun 22, 2015
If the equilibrium price level is 135 but the actual price level is 150, then
A) firms increase their production because they are able to sell their output at a higher than expected price.
B) the quantity of real GDP demanded is less than the quantity of real GDP supplied.
C) the quantity of real GDP demanded is greater than the quantity of real GDP supplied.
D) aggregate demand will increase to restore equilibrium.
E) aggregate demand will decrease to restore equilibrium.


Title: Re: If the equilibrium price level is 135 but the actual price level is 150, then
Post by: Sydnie on Jul 7, 2015
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Title: Re: If the equilibrium price level is 135 but the actual price level is 150, then
Post by: Selena Villa on Nov 29, 2020
thank you