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If the Economy Is Simultaneously in Long-Run and Short-Run Equilibrium

Question 100

Multiple Choice

If the economy is simultaneously in long-run and short-run equilibrium, which of the following is true?


A) Aggregate quantity supplied is greater than potential output.
B) Aggregate quantity demanded is less than potential output.
C) Aggregate quantity demanded is equal to potential output.
D) The aggregate demand curve is horizontal at the potential output level.

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