Multiple Choice
Long-run equilibrium occurs where:
A) real output is greater than potential output.
B) the vertical long-run aggregate supply curve, and short-run aggregate supply curve intersect.
C) the aggregate demand curve, and short-run aggregate supply curve intersect
D) the aggregate demand curve, vertical long-run aggregate supply curve, and short-run aggregate supply curve all intersect.
Correct Answer:

Verified
Correct Answer:
Verified
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