Solved

Macro Equilibrium Always Occurs

Question 17

Multiple Choice

Macro equilibrium always occurs:


A) When aggregate supply is greater than aggregate demand.
B) When the labor force is fully employed.
C) When aggregate demand equals aggregate supply at the average price level.
D) At a zero inflation rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Monetary policy can best cure a recession

Q13: Figure 11.1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5714/.jpg" alt="Figure 11.1:

Q14: Supply-side theories focus on stimulating production by

Q15: The aggregate demand curve shows the relationship

Q16: Which of the following is an example

Q18: Macro equilibrium always occurs at an optimal

Q19: Ceteris paribus,based on the aggregate supply curve,if

Q20: According to the foreign trade effect,when the

Q21: The inability of labor-force participants to find

Q22: All of the following are used to