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Timele 1062 The table shows the aggregate demand and short-run aggregate supply schedules of Outer island. Based on the table below answer the following question
Timele 1062 The table shows the aggregate demand and short-run aggregate supply schedules of Outer island. Based on the table below answer the following question What is short run equilibrium price level Price level Quantity of Real GDP demanded Quantity of Real GDP supplied in the short run (billion dollar) billion dollar) 145 225 175 50 200 200 55 175 225 60 150 250 275 65 125 300 90 100 Note: insert your answer below without decimals or comma ( example: 901 Answer: MacBook Air
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