Multiple Choice
In the AD-AS framework,long-run equilibrium implies that ________.
A) quantity demanded equals quantity supplied at a moderate level of equilibrium inflation
B) quantity demanded equals quantity supplied at a point consistent with the short-run equilibrium level of inflation
C) quantity demanded equals quantity supplied at a point consistent with the natural rate of unemployment
D) all of the above
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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