Question: The following table shows the aggregate supply and demand data for a country. What is the equilibrium output?Supply and Demand DataPrice LevelAggregate DemandAggregate Supply10010,0004,0002009,0005,0003008,0005,0004007,0007,0005006,0008,5006005,0009,0007004,0009,500Question 6
The following table shows the aggregate supply and demand data for a country. What is the equilibrium output?Supply and Demand DataPrice LevelAggregate DemandAggregate Supply10010,0004,0002009,0005,0003008,0005,0004007,0007,0005006,0008,5006005,0009,0007004,0009,500Question 6 options:A) 8,000B) 4,000C) 7,000D) 9,000
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