When the AD AS model is in short-run equilibrium Oa.AD and SRAS intersect and at potential GDP Ob.AD and SRAS intersect at a level of GDP greater than potential GDP OC. AD and SRAS intersect at a level of GDP less than potential GDP Od.Any of the above

When the AD AS model is in short-run equilibrium Oa.AD and SRAS intersect and at potential GDP Ob.AD and SRAS intersect at a level of GDP greater than potential GDP OC. AD and SRAS intersect at a level of GDP less than potential GDP Od.Any of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

When the AD AS model is in short-run equilibrium
Oa.AD and SRAS intersect and at potential GDP
Ob.AD and SRAS intersect at a level of GDP greater than potential GDP
OC. AD and SRAS intersect at a level of GDP less than potential GDP
Od.Any of the above

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Select all that are correct
please give me corrrect answer Dont use chatGPT