The Short-Run Equilibrium Level of Real GDP and Inflation Is

question 2

Multiple Choice

The short-run equilibrium level of real GDP and inflation is given by the intersection of:

• A)the aggregate demand curve and the long-run aggregate supply
• B)the aggregate demand curve and the short-run aggregate supply
• C)the aggregate demand curve, the short-run aggregate supply and the long-run aggregate supply
• D)the aggregate demand curve and the zero inflation line

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