Multiple Choice
Short-run macroeconomic equilibrium occurs when the quantity of real GDP demanded ________.
A) equals full- employment GDP
B) equals the quantity of real GDP supplied
C) does not equal full- employment GDP
D) equals potential GDP
Correct Answer:
Verified
Related Questions
Q75: In the macroeconomic short run,
A)actual real GDP
Q76: Aggregate demand increases when
A)interest rates rise.
B)foreign incomes
Q77: An increase in aggregate demand is shown
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