A Macroeconomic Equilibrium Occurs When the

question 216

Multiple Choice

A macroeconomic equilibrium occurs when the

• A)quantity of real GDP demanded is greater than the quantity of real GDP supplied.
• B)quantity of real GDP demanded is less than the quantity of real GDP supplied.
• C)quantity of real GDP demanded equals the quantity of real GDP supplied even if they are not equal to potential GDP.
• D)quantity of real GDP demanded equals the quantity of real GDP supplied and both equal potential GDP.
• E)None of the above answers is correct.

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Definitions:

Purchase

The act of buying goods or services, often reflected in the financial transactions of a business.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money.

Equity Interest

An ownership interest in a company, represented by stock or shares, entitling the holder to a claim on assets and profits.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.