A Short- Run Macroeconomic Equilibrium Occurs

Multiple Choice

A short- run macroeconomic equilibrium occurs

A) when the rate at which prices of goods and services increase equals the rate at which money wage rates increase.
B) at the intersection of the short- run aggregate supply curve and the aggregate demand curve.
C) at the intersection of the short- run aggregate supply curve and the long- run aggregate supply curve.
D) at the intersection of the short- run aggregate supply curve, the long- run aggregate supply curve, and the aggregate demand curve.