Real Output Demanded (Billions of dollars) Price Level (Index number) Real Output Supplied (Billions of dollars) (Billions of dollars) 10 160 20 120 85 80 30 80 70 50 80 2 0 40 20 R2 50 20 On the following graph, use the blue points (circle symbols) to plot the aggregate demand (Initial AD) curve for the economy. Then use the orange points (square symbols) to plot the short-run aggregate supply (SRAS) curve for the economy. Note: Line segments will automatically connect the points. LEVEL (Billions of dollars) 200 100 Initial AD -D- SRAS 120 8 New AD
Real Output Demanded (Billions of dollars) Price Level (Index number) Real Output Supplied (Billions of dollars) (Billions of dollars) 10 160 20 120 85 80 30 80 70 50 80 2 0 40 20 R2 50 20 On the following graph, use the blue points (circle symbols) to plot the aggregate demand (Initial AD) curve for the economy. Then use the orange points (square symbols) to plot the short-run aggregate supply (SRAS) curve for the economy. Note: Line segments will automatically connect the points. LEVEL (Billions of dollars) 200 100 Initial AD -D- SRAS 120 8 New AD
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![\table[[\table[[Real Output Demanded], [(Billions of
dollars)]],\table[[Price Level], [(Index number)]], \table[[
Real Output Supplied (Billions of dollars)], [(Billions of
dollars
)]]], [10, 160, 85], [20, 120, 80], [30, 80, 70], [50, 40, 50], [80,2
On the following graph, use the blue points (circle
symbols) to plot the aggregate demand (Initial AD)
curve for the economy. Then use the orange points (
square symbols) to plot the short - run aggregate supply
(SRAS) curve for the economy. Note: Line segments will
automatically connect the points.
Real Output Demanded
(Billions of dollars)
Price Level
(Index number)
Real Output Supplied (Billions of dollars)
(Billions of dollars)
10
160
85
20
120
80
30
80
70
50
50
40
80
20
20
On the following graph, use the blue points (circle symbols) to plot the aggregate demand (Initial AD) curve for the economy. Then use the orange
points (square symbols) to plot the short-run aggregate supply (SRAS) curve for the economy.
Note: Line segments will automatically connect the points.
EL (Billions of dollars)
200
160
-O-
Initial AD
ーロー
SRAS
+
New AD](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F105cf62f-d98a-415b-a79f-8af48c6d0006%2F7b390a59-6ccd-4199-94d2-4077d52b8f00%2Fjt5klab_processed.png&w=3840&q=75)
Transcribed Image Text:\table[[\table[[Real Output Demanded], [(Billions of
dollars)]],\table[[Price Level], [(Index number)]], \table[[
Real Output Supplied (Billions of dollars)], [(Billions of
dollars
)]]], [10, 160, 85], [20, 120, 80], [30, 80, 70], [50, 40, 50], [80,2
On the following graph, use the blue points (circle
symbols) to plot the aggregate demand (Initial AD)
curve for the economy. Then use the orange points (
square symbols) to plot the short - run aggregate supply
(SRAS) curve for the economy. Note: Line segments will
automatically connect the points.
Real Output Demanded
(Billions of dollars)
Price Level
(Index number)
Real Output Supplied (Billions of dollars)
(Billions of dollars)
10
160
85
20
120
80
30
80
70
50
50
40
80
20
20
On the following graph, use the blue points (circle symbols) to plot the aggregate demand (Initial AD) curve for the economy. Then use the orange
points (square symbols) to plot the short-run aggregate supply (SRAS) curve for the economy.
Note: Line segments will automatically connect the points.
EL (Billions of dollars)
200
160
-O-
Initial AD
ーロー
SRAS
+
New AD
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