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iren2701 [21]
2 years ago
14

long-run macroeconomic equilibrium occurs when aggregate demand __ short-run aggregate supply and they __ the long-run supply cu

rve quizlet
SAT
1 answer:
Thepotemich [5.8K]2 years ago
5 0

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

#SPJ1

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