If the equilibrium price level is 135 but the actual price level is 150, then
A) firms increase their production because they are able to sell their output at a higher than expected price.
B) aggregate demand will decrease to restore equilibrium.
C) aggregate demand will increase to restore equilibrium.
D) the quantity of real GDP demanded is less than the quantity of real GDP supplied.
E) the quantity of real GDP demanded is greater than the quantity of real GDP supplied.
Question 2
The above table gives data for the nation of Mouseville. There are no imports into or exports from Mouseville. Aggregate planned expenditure is less than actual expenditure if real GDP is
A) less than 700 billion.
B) more than 800 billion.
C) 800 billion.
D) less than 800 billion.
E) more than 700 billion.
Comparison of reactions at equilibrium and steady state
Numerical pain level chart with word modifiers.
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
Sea-Level Rise
Kyoto Protocol encourages industry to innovate and reduce the level of emissions
What is the value of the equilibrium constant, K, at 25°C for the reaction?