Question

IE 6-3....AS/AD model – With an equilibrium at the $2.34 Price Level, employment will be __________ million people producing a Physical Output of _________ billion units valued at a Real GDP of $5200 billion..

A. 115 ... 225

B. 122 ... 2600

C. 120 ... 2500

D. 115 ... 2250

Answer 1

B

Step-by-step explanation:

122...2600

Answer 2

B. 122 ... 2600

Step-by-step explanation:

With an equilibrium at the $2.34 Price Level, employment will be 122 million people producing a Physical Output of 2600 billion units valued at a Real GDP of $5200 billion.