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What Does Macroeconomic Equilibrium Imply

Question 176

Multiple Choice

What does macroeconomic equilibrium imply?


A) The point where Real GDP is at capacity.
B) The point where the quantity of Real GDP demanded equals the quantity of Real GDP supplied.
C) It is where the aggregate demand curve intersects the LAS curve.
D) It is possible only at various price levels.
E) Full employment GDP.

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