When does macroeconomic equilibrium occur a when

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Macroeconomics
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Chapter 16 / Exercise 2
Macroeconomics
Roger A. Arnold
Expert Verified
100.When does macroeconomic equilibrium occur? A. When aggregate supply equals long-run aggregate supply.B.When the aggregate demand curve intersects the aggregate supply curve.C. When the aggregate demand curve intersects the LAS curve.D. When full employment occurs.
Accessibility: Keyboard NavigationBlooms: Comprehension, KnowledgeDifficulty: EasyLearning Objective: 05-02 Explain the concepts of aggregate supply; aggregate demand; and macroeconomic equilibrium.Sayre - Chapter 05 #100Topic: 05-07 Macroeconomic EquilibriumType: Modified
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The document you are viewing contains questions related to this textbook.
Macroeconomics
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Chapter 16 / Exercise 2
Macroeconomics
Roger A. Arnold
Expert Verified
101.What could cause the level of real GDP to rise but the price level to fall?
Accessibility: Keyboard NavigationBlooms: Comprehension, KnowledgeDifficulty: EasyLearning Objective: 05-04 List the causes of recessions and inflationary booms.Sayre - Chapter 05 #101Topic: 05-15 Determinants of Real Gdp and the PriceType: Pickup102.What can cause an increase in the LAS?
Accessibility: Keyboard NavigationBlooms: Comprehension, KnowledgeDifficulty: EasyLearning Objective: 05-01 Explain the concepts of potential GDP; the business cycle; and the source of economic growth.Sayre - Chapter 05 #102Topic: 05-01 Potential GdpType: Modified103.What does the real-balances effect mean?
Accessibility: Keyboard NavigationBlooms: Comprehension, KnowledgeDifficulty: EasyLearning Objective: 05-02 Explain the concepts of aggregate supply; aggregate demand; and macroeconomic equilibrium.Sayre - Chapter 05 #103

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