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figures. An increase in the quality of goods produced would increase the well-being of people, but this will not be captured in real GDP True

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figures. An increase in the quality of goods produced would increase the well-being of people, but this will not be captured in real GDP True O False QUESTION 8 Macroeconomic equilibrium occurs where the aggregate demand is equal to long-run aggregate supply. True False QUESTION 9 Intermediate goods are included in the calculation of GDP O True O False QUESTION 10 A decrease in supply causes the price to fall and the quantity traded to increase. O True False Save All An

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