In the aggregate demand-supply model, a short-run equilibrium occurs at the combination of output and prices where aggregate demand equals long-run aggregate supply short-run aggregate supply equals long-run aggregate supply aggregate demand equals short-run aggregate supply aggregate demand equals long-run and short-run aggregate supply
In the aggregate demand-supply model, a short-run equilibrium occurs at the combination of output and prices where aggregate demand equals long-run aggregate supply short-run aggregate supply equals long-run aggregate supply aggregate demand equals short-run aggregate supply aggregate demand equals long-run and short-run aggregate supply
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section23.4: The Aggregate-supply Curve
Problem 4QQ
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Please let me know which of the choices is correct I am between C and D
![In the aggregate demand-supply model, a short-run equilibrium occurs at the combination of
output and prices where
aggregate demand equals long-run aggregate supply
short-run aggregate supply equals long-run aggregate supply
aggregate demand equals short-run aggregate supply
aggregate demand equals long-run and short-run aggregate supply](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F72d27c1b-d716-4525-9732-37dadc26e228%2F34a6cfd5-58b2-4c0c-ab1c-0d309e8866ee%2Fyqma3sjr_processed.png&w=3840&q=75)
Transcribed Image Text:In the aggregate demand-supply model, a short-run equilibrium occurs at the combination of
output and prices where
aggregate demand equals long-run aggregate supply
short-run aggregate supply equals long-run aggregate supply
aggregate demand equals short-run aggregate supply
aggregate demand equals long-run and short-run aggregate supply
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