Question: table [ [ table [ [ Price level ] , [ ( GDP deflator ) ] ] , table [ [ Real

\table[[\table[[Price level],[(GDP deflator)]],\table[[Real GDP demanded],[(trillions of 2000],[doll ars)]],\table[[Real GDP supplied],[(trillions of 2000],[dollars)]]],[80,10,2],[90,9,4],[100,8,6],[110,7,7],[120,6,8],[130,4,9]]
The above table gives aggregate demand and aggregate supply schedules. If the price level is 120 then the aggregate quantity demanded is q, than the aggregate quantity supplied and the price level q,
less; falls
greater; falls
greater; rises
less; rises
less; might fall, rise or not change depending on whether real GDP is more than, less than, or equal to potential GDP.
\ table [ [ \ table [ [ Price level ] , [ ( GDP

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