When SRAS and AD intersect at the natural level of real output, it is a. a short-run

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When SRAS and AD intersect at the natural level of real output, it is

a. a short-run equilibrium and a long-run equilibrium.

b. a short-run equilibrium but not necessarily a long-run equilibrium.

c. just a short-run equilibrium.

d. not necessarily either a short-run equilibrium or a long-run equilibrium.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 08:01 AM

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When SRAS and AD intersect at the natural level of real output, it is a. a short-run

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Exploring Macroeconomics

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