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kaheart [24]
2 years ago
15

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

rve
Business
1 answer:
Alexandra [31]2 years ago
8 0

Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve

What is long-run macroeconomic equilibrium?

When aggregate demand and short-run aggregate supply are equal at a certain point on the long-run aggregate supply curve, long-run equilibrium is reached. The unemployment rate is now equal to its natural rate, and actual real GDP is equal to potential GDP. Full employment equilibrium is another name for long-run equilibrium.
What is aggregate demand?

A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level. Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run.

What is short-run aggregate supply?

A visual representation of the correlation between the level of overall prices and the aggregate output supplied in an economy

Learn more about long-run equilibrium here:

brainly.com/question/16447321

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Which of the following choices is not a step that can reduce your spending?
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The answer is d) purchasing reduced fat lattes during the week
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3 years ago
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Dave is a close-up magician who is famous for his card tricks. He creates and sells DVDs of his magic tricks. Lately he has been
Katen [24]

Answer:

inbound logistics.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

In this scenario, Dave creates and sells DVDs of his magic tricks.

Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.

An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.

5 0
3 years ago
A shift from one key to another within the same composition is called
blagie [28]
A shift from one key to another within the same composition is called modulation. It is the act of changing from one tonal center to another. This process can be accompanied with a change in the key signature. There are four type of modulation namely Direct/phrase modulation, pump-up modulation, Truck-driver modulation and Pivot-chord modulation.
8 0
3 years ago
What are the roles of consumers? select two options.
swat32

Answer:

im new here

Explanation:

were are you from

8 0
3 years ago
I AM GIVING BRAINLIEST! PLEASEEE HELPPPPPPP I NEEDDDD HELPPPP
gregori [183]

Answer:

I used to know this one, so I'm going off of memory and process of elimination.

I'd say it's your financial plan.

A financial plan assesses the ability of the customer to be able to pay back the loan, which is very important to the bank. It also assesses the assets of your business. It's basically showing the bank, how likely is it that we will get our money back from you?

Explanation:

An income statement is improbable because it applies to a company, and typically if you're getting a loan to start a business, you have no income yet.

The bank won't worry about your partnership agreement because that's not related to the fact that you are asking for money to fund your business, they just care that they'll get it back.

A guarantee of success doesn't make sense either because the bank is doesn't need to know if your business will succeed or not, they just want to make sure they get the money they asked for returned at the right date.

4 0
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