Equilibrium of Aggregate Supply and Aggregate Demand Is Best Described

question 120

Multiple Choice

Equilibrium of aggregate supply and aggregate demand is best described as a situation in which

• A)the slope of aggregate demand equals the slope of aggregate supply
• B)quantity demanded exceeds quantity supplied
• C)quantity demanded equals quantity supplied at a unique price level
• D)quantity supplied exceeds quantity demanded at a unique price level
• E)quantity supplied equals quantity demanded at all price levels

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