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Can you help with this question? 130 125 120 175 110 Price level 105 100 95 90 85 80 50 100 150 200 250 300

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130 125 120 175 110 Price level 105 100 95 90 85 80 50 100 150 200 250 300 350 400 450 500 Real GDP The graph above shows the aggregate demand for the economy of Bachland. Its potential GDP (LAS) Is $350. According to neoclassical theory: a. If the price level Is 95, is the economy of Bachland currently in equilibrium? If not, what might happen? (Click to select) , the price level [(Click to select) v to [ b. If, Instead, the economy of Bachland were in equilibrium, what would happen to the GDP and the price level if aggregate demand were to Increase by $50? (Click to select) v, and the price level [(Click to select) v to[ According to Keynesian theory: c. If the present price level is 95 and the economy of Bachland is In equilibrium, what is the level of real GDP? Real GDP.$ d. If the economy of Bachland were In equilibrium at a price level of 95, what would happen to the GDP and the price level If aggregate demand were to Increase by $50? GDP rises to $ and the price level [(Click to select) v

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