Macroeconomic equilibrium in the short run always occurs at full-employment GDP.

Name: Macroeconomic equilibrium in the short run always occurs at full-employment GDP.
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Macroeconomic equilibrium in the short run can occur at any level of GDP, including below or above full-employment GDP. This is because in the short run, prices and wages may not be flexible enough to adjust to changes in demand or supply, which can result in a temporary mismatch between actual GDP and potential GDP.

Macroeconomic Equilibrium in the Short Run Always Occurs at Full-Employment