Use the following data to compute a macroeconomic

Question

Use the following data to compute a macroeconomic equilibrium:

Price level         Real GDP Demanded            Real GDP Supplied 

95                                500                             100

90                                400                             200

100                              300                             300

150                              200                             400

200                              100                             500

A. equilibrium real GDP is 250

B. equilibrium real GDP is 300

C. equilibrium real GDP is 200

D. equilibrium real GDP is 100

E. equilibrium real GDP is 500