Multiple Choice
At the intersection of the short-run aggregate supply, aggregate demand, and the potential output line economy is in:
A) short-run equilibrium but not necessarily at potential output.
B) at potential output but not necessarily short-run equilibrium.
C) short-run equilibrium and at potential output.
D) neither short-run equilibrium nor at potential output.
Correct Answer:

Verified
Correct Answer:
Verified
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