The Intersection of the Aggregate Demand Curve and Long-Run Aggregate

Multiple Choice

The intersection of the aggregate demand curve and long-run aggregate supply curve:

A) determines equilibrium real GDP in both the long run and the short run
B) determines equilibrium real GDP in both the long run and the short run.
C) determines the equilibrium price level in both the long run and the short run
D) determines the equilibrium price level in both the long run and the short run.
E) occurs at potential output
F) occurs at potential output.
G) occurs at high levels of cyclical unemployment
H) occurs at high levels of cyclical unemployment.