Long-Run Equilibrium Occurs Where

question 4

Multiple Choice

Long-run equilibrium occurs where:

• A)real output is greater than potential output.
• B)the vertical long-run aggregate supply curve, and short-run aggregate supply curve intersect.
• C)the aggregate demand curve, and short-run aggregate supply curve intersect
• D)the aggregate demand curve, vertical long-run aggregate supply curve, and short-run aggregate supply curve all intersect.

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