Multiple Choice
A macroeconomic equilibrium occurs when the
A) quantity of real GDP demanded is greater than the quantity of real GDP supplied.
B) quantity of real GDP demanded is less than the quantity of real GDP supplied.
C) quantity of real GDP demanded equals the quantity of real GDP supplied even if they are not equal to potential GDP.
D) quantity of real GDP demanded equals the quantity of real GDP supplied and both equal potential GDP.
E) None of the above answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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