A Short-Run Equilibrium Occurs

question 122

Multiple Choice

A short-run equilibrium occurs

• A) at the intersection of the long-run aggregate supply curve and the aggregate demand curve.
• B) at the intersection of the short-run aggregate supply curve and the long-run aggregate supply curve.
• C) at the intersection of the short-run aggregate supply curve and the aggregate demand curve.
• D) at the real GDP associated with full employment.

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Definitions:

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