Macroeconomic Equilibrium Is Described as the Combination of

question 52

Multiple Choice

Macroeconomic equilibrium is described as the combination of

• A)potential output and price level that is on both the AD curve and AS curve.
• B)real GDP and price level that is on both the AD curve and 45-degree line.
• C)real GDP and price level that is on both the AD curve and AS curve.
• D)all individual demand curves and all individual supply curves.
• E)all individual demand curves and potential GDP.