Long-Run Macroeconomic Equilibrium Occurs When Aggregate Demand ________ Short-Run Aggregate

question 196

Multiple Choice

Long-run macroeconomic equilibrium occurs when aggregate demand ________ short-run aggregate supply and they ________ the long-run supply curve.

• A)equals; intersect at a point to the right of
• B)equals; intersect at a point on
• C)is greater than; intersect at a point to the left of
• D)is less than; intersect at a point to the right of
• E)equals; intersect at a point to the left of

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Definitions:

Cash Flows

The movement of funds in and out of a business, determining its operating, investing, and financing activities' liquidity.

Lottery Prize

A financial reward won in a lottery, typically involving a large cash sum or valuable goods.

Monthly Payments

Regular payments made once a month, often used in the context of loans or leases.

Rate Of Return

The profit or deficit incurred from an investment over a chosen span of time, depicted as a fraction of the initial investment amount.