The following table shows the aggregate supply and demand data for a country. If input prices decrease and AS shifts to the right by 3,000 units at each price level. Aggregate Aggregate Price Level Demand Supply 200 10,000 4,000 300 9,000 6,000 400 8,000 8,000 500 7,000 8,500 600 6,000 9,000 700 5,000 9,500 800 4,000 10,000 What will the new price equal?
The following table shows the aggregate supply and demand data for a country. If input prices decrease and AS shifts to the right by 3,000 units at each price level. Aggregate Aggregate Price Level Demand Supply 200 10,000 4,000 300 9,000 6,000 400 8,000 8,000 500 7,000 8,500 600 6,000 9,000 700 5,000 9,500 800 4,000 10,000 What will the new price equal?
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