In 2006, the economy of Aptonville had an aggregate demand and aggregate supply according to the following schedule: Price Level Aggragate Demand Shortrun Aggragate Supply 90 $1325 $1085 100 $1300 $1140 110 $1275 $1195 120 $1250 $1250 130 $1225 $1305 140 $1200 $1360 150 $1175 $1415 What was Aptonville’s short-run equilibrium output in 2006?
In 2006, the economy of Aptonville had an aggregate demand and aggregate supply according to the following schedule: Price Level Aggragate Demand Shortrun Aggragate Supply 90 $1325 $1085 100 $1300 $1140 110 $1275 $1195 120 $1250 $1250 130 $1225 $1305 140 $1200 $1360 150 $1175 $1415 What was Aptonville’s short-run equilibrium output in 2006?
Chapter8: Macroeconomic Equilibrium: Aggregate Demand And Supply
Section: Chapter Questions
Problem 11E
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In 2006, the economy of Aptonville had an aggregate demand and
Aggragate Demand | Shortrun Aggragate Supply | |
90 |
$1325 |
$1085 |
100 | $1300 | $1140 |
110 | $1275 | $1195 |
120 | $1250 | $1250 |
130 | $1225 | $1305 |
140 | $1200 | $1360 |
150 | $1175 | $1415 |
What was Aptonville’s short-run equilibrium output in 2006?
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