The Output Level at Which the Aggregate Demand Curve Intersects

question 46

Multiple Choice

The output level at which the aggregate demand curve intersects the aggregate supply is always the level at which

• A)Saving is zero.
• B)Macro equilibrium is achieved.
• C)Full employment is sustainable by the economy.
• D)Micro equilibrium is achieveD.At macro equilibrium spending is equal to total output.

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