The options to fill in the gaps for the Long-run macroeconomic equilibrium are:
- equals
- intersects as a point on
<h3>What is macroeconomic equilibrium?</h3>
Macroeconomic equilibrium is an equilibrium situation that occurs when the quantities of the real GDP demanded equals the real GDP supplied at the point of intersection of the AD curve and the AS curve.
Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersects as a point on the long-run supply curve.
In conclusion, Long-run macroeconomic equilibrium results in equilibrium of demand and supply of GDP.
Learn more about Long-run macroeconomic equilibrium at: brainly.com/question/27606663
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The themes of the poem should include survival of the loyal, freedom from servitude, the inevitability of death, passage of time amongst others. Survival of the loyal: The persona is seen as a civil servant who is ready to accept any form of subjugation in order to survive.
Answer:
People use their card for a purchase they can’t afford or want to defer payment, and then they make only the minimum payment that month. Soon, they are in the habit of using their card to purchase things beyond their budget. Since they are making only the minimum monthly payment, it won’t seem to matter much if their credit card balance gets a bit larger. This is a quick illustration to show how their “small balance” of just a few thousand dollars can really mean paying more than double that amount over the years because of interest. Also, when they are trapped in this mindset, their balance barely budges. With a debt of $5,000 and a minimum monthly payment of $150 (at 3% of the total balance), they will only be paying $47.30 each month toward their principal. The rest goes toward their interest accrued.
I think the answer would be b
