130 120 SAS 110 A 100 AD 90 15.0 15.5 16.0 16.5 17.0 17.5 Real GDP (trillions of 2009 dollars) In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $15.0 trillion, then it must be the case tha aggregate supply has increased. aggregate supply has decreased. aggregate demand has increased. O aggregate demand has decreased Price level (GDP deflator, 2009-100)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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130
120
SAS
110
A
100
AD
90
15.0 15.5 16.0 16.5 17.0 17.5
Real GDP (trillions of 2009 dollars)
In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $15.0 trillion, then it must be the case tha
aggregate supply has increased.
aggregate supply has decreased.
aggregate demand has increased.
O aggregate demand has decreased
Price level (GDP deflator, 2009-100)
Transcribed Image Text:130 120 SAS 110 A 100 AD 90 15.0 15.5 16.0 16.5 17.0 17.5 Real GDP (trillions of 2009 dollars) In the above figure, the economy is at point A when changes occur. If the new equilibrium has a price level of 100 and real GDP of $15.0 trillion, then it must be the case tha aggregate supply has increased. aggregate supply has decreased. aggregate demand has increased. O aggregate demand has decreased Price level (GDP deflator, 2009-100)
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