When All Markets in the Economy Are Simultaneously in Equilibrium,we

question 79

Multiple Choice

When all markets in the economy are simultaneously in equilibrium,we say

• A)markets are complete.
• B)markets are perfect.
• C)there is disequilibrium.
• D)there is general equilibrium.

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Specific Outcomes

Specific outcomes are the distinct and measurable results or effects that arise from implementing a certain action, policy, or strategy.

Policy Assessment Matrix

A tool used to evaluate and compare the potential effects of various policy options or interventions based on a set of criteria.

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