NUse the following data to answer three questions:Price Level88100Real GDP supplied$500600680750800880910940960970ntsReal GDP demanded$960920880840800760720680640600Instructions: Enter your responses as a whole number.a. What is the equilibrium GDP?$ 800eBookb. If full employment occurs at a real output level of $910, how large isthe real GDP gap?c. If AD increases enough to restore full employment, what will the pricePrintlevel be?References
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