Question: The following table shows the aggregate supply and demand data for a country. Price Aggregate Aggregate Level Demand Supply 100 10,000 4,000 200 9,000 5,000

The following table shows the aggregate supply and demand data for a country. Price Aggregate Aggregate Level Demand Supply 100 10,000 4,000 200 9,000 5,000 300 8,000 5,000 400 7,000 7,000 500 6,000 8,500 600 5,000 9,000 700 4,000 19,500What is the equilibrium output? a) 8,000 b) 4,000 O c) 7,000 O d) 9,000

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