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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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