Question

in the short run, the equilibrium aggregate price level and aggregate output occur at the intersection of: please choose the correct answer from the following choices, and then select the submit answer button. answer choices exports and imports. short-run aggregate supply and aggregate demand. long-run aggregate supply and aggregate demand. long-run aggregate supply and short-run aggregate supply.

Answer 1

Movements of either the aggregate supply or aggregate demand curve in an AD/AS diagram will result in a different equilibrium output and price level.

Equilibrium is a state of a gadget wherein all forces performing at the machine are balanced. A device that is in equilibrium no longer alternates. The word has been used for exceptional standards from one-of-a-kind fields of taking a look at. Hydrostatic equilibrium applies to liquids. There are three distinctive forms of equilibrium. It's also categorized as strong, unstable, and impartial. A kingdom of rest or balance due to the identical motion of opposing forces. Same balance among any powers, influences, etc.; equality of impact. Mental or emotional balance; equanimity: The pressures of the situation prompted her to lose her equilibrium. In chemistry, equilibrium is the condition existing when a chemical reaction and its opposite response occur at the same costs. This noun is from Latin aequilībrium, from the prefix aequi- "same" plus lībra "a balance, scale."

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