A Short-Run Macroeconomic Equilibrium Occurs

Multiple Choice

A short-run macroeconomic equilibrium occurs

A) at the intersection of the short-run aggregate supply curve and the long-run aggregate supply curve.
B) at the intersection of the short-run aggregate supply curve and the aggregate demand curve.
C) at the intersection of the short-run aggregate supply curve, the long-run aggregate supply curve, and the aggregate demand curve.
D) when the rate at which prices of goods and services increase equals the rate at which money wage rates increase.