Long-Run Macroeconomic Equilibrium Occurs When

Multiple Choice

Long-run macroeconomic equilibrium occurs when

A) aggregate demand equals short-run aggregate supply.
B) aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve.
C) structural and frictional unemployment equals zero.
D) output is above potential GDP.
E) there is no pressure on the price level to change.