In Macroeconomics, Equilibrium Is Defined as the Point at Which

question 96

Multiple Choice

In macroeconomics, equilibrium is defined as the point at which:

• A) the economy attains the highest level of GDP.
• B) there is no unemployment in the economy.
• C) people's plans match the reality.
• D) there is high inflation and unemployment in the economy.
• E) there is no inflation in the economy.

---

Definitions:

Hunger Pangs

Physical sensations of discomfort or pain in the stomach area, typically indicating a need to consume food.

Acculturation-Avoidance

The active resistance or refusal to adopt the cultural norms or practices of another group, often leading to the preservation of one's original cultural identity.

Approach-Avoidance

Refers to the internal psychological conflict that arises when a single goal is both attractive and unattractive simultaneously.

Ten-Year-Old

A term used to describe someone or something that is exactly ten years of age.