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Long-Run Macroeconomic Equilibrium Occurs When Aggregate Demand ________ Short-Run Aggregate

Question 15

Multiple Choice

Long-run macroeconomic equilibrium occurs when aggregate demand ________ short-run aggregate supply and they ________ the long-run supply curve.


A) equals;intersect at a point to the right of
B) equals;intersect at a point on
C) is greater than;intersect at a point to the left of
D) is less than;intersect at a point to the right of

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