Multiple Choice
In long-run macroeconomic equilibrium,the
A) real wage rate has adjusted so that the economy is on the short-run aggregate supply curve but not on the long-run aggregate supply curve.
B) long-run aggregate supply curve has shifted so that potential GDP equals real GDP.
C) aggregate demand curve adjusts to the point where the long-run aggregate supply curve and the short-run aggregate supply curve intersect.
D) None of the above answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: In a short-run macroeconomic equilibrium, real GDP
Q135: The economy is in its short run
Q181: The long-run aggregate supply curve shows the<br>A)
Q182: A decrease in government expenditure on goods
Q191: With an increase in the capital stock,
Q233: A change in _ creates a movement
Q317: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The data in
Q368: In 2008, Japan's economy suffered as world
Q387: Fluctuations in aggregate demand and aggregate supply
Q420: If real GDP is less than potential