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Long-run macroeconomic equilibrium occurs when the _____, _____, and _____  curves intersect.

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Joshua Stredder
Joshua StredderLv10
4 Oct 2020

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Related questions

Short-run macroeconomic equilibrium occurs when:
 
A. aggregate demand and short-run aggregate supply intersect.
 
B. the equilibrium lies on the long-run supply curve.
 
C. the price level is constant in the short run.
 
D. The two criteria – that aggregate demand and short-run aggregate supply intersect, and that the equilibrium lies on the long-run supply curve – must both be satisfied
Long-run macroeconomic equilibrium occurs when:
 
a. aggregate demand equals short-run aggregate supply.
 
b. aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve.
 
c. unemployment equals zero.
 
d. output is above potential GDP.

Long-run macroeconomic equilibrium occurs when:

A. aggregate demand equals short-run aggregate supply.

B. aggregate demand equals short-run aggregate supply, and they intersect at a point on the long-run supply curve.

C. unemployment equals zero.

D. output is above potential GDP.

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