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Long-run macroeconomic equilibrium occurs when A.the aggregate demand andshort-run aggregate supply curves intersect at a point on thelong-run aggregate supply curve. B. the aggregate demand
Long-run macroeconomic equilibrium occurs when
A.the aggregate demand andshort-run aggregate supply curves intersect at a point on thelong-run aggregate supply curve.
B.
the aggregate demand curve intersects theshort-run aggregate supply curve.
C.
output is above potential GDP.
D.
structural and frictional unemployment equal zero.
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