The only requirement for short-run equilibrium is that the economy must be on the aggregate supply curve.

Name: The only requirement for short-run equilibrium is that the economy must be on the aggregate supply curve.
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Question

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Short-run equilibrium occurs at the intersection of the aggregate demand and short-run aggregate supply curves. The economy may not necessarily be on the aggregate supply curve in this scenario.

The Only Requirement for Short-Run Equilibrium Is That the Economy