Refer to Table 10.3.1, which shows the aggregate demand and aggregate ...

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Table 10.3.1

Refer to Table 10.3.1, which shows the aggregate demand and aggregate supply schedules. At which pice level and real GDP does short-run macroeconomic equilibrium occur?

The price level is ________ and real GDP is ________ billion.

130; $500

0%

130; $600

0%

120; $500

0%✨

125; $550

0%

120; $600

100%

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