At the current price level, producers supply $375 billion of final goods and services while consumers purchase

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At the current price level, producers supply $375 billion of final goods and services while consumers purchase $355 billion of final goods and services. The price level is: LO12.5

a. Above equilibrium.

b. At equilibrium.

c. Below equilibrium.

d. More information is needed.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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