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Use the Figure Below to Answer the Following Questions

Question 21

Multiple Choice

Use the figure below to answer the following questions.
Use the figure below to answer the following questions. Figure 10.3.1 -Refer to Figure 10.3.1.The economy automatically adjusts to a long- run equilibrium.At the long- run macroeconomic equilibrium, A) the price level is 70. B) real GDP is $440 billion. C) actual unemployment exceeds the natural unemployment rate. D) potential GDP is greater than in the short run. E) Both A and B Figure 10.3.1
-Refer to Figure 10.3.1.The economy automatically adjusts to a long- run equilibrium.At the long- run macroeconomic equilibrium,


A) the price level is 70.
B) real GDP is $440 billion.
C) actual unemployment exceeds the natural unemployment rate.
D) potential GDP is greater than in the short run.
E) Both A and B

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