Based on the table above, equilibrium real GDP is

A) $6 trillion. B) $7 trillion. C) $9 trillion. D) $8 trillion. E) $10 trillion.

B

Economics

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An increase (rightward shift) in the demand for a good will tend to cause a. an increase in the equilibrium price and quantity

What will be an ideal response?

Economics

Refer to the accompanying figure. The marginal utility of the 7th pizza is

A. 100. B. -5. C. 5. D. -100.

Economics