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nika2105 [10]
4 years ago
8

Microeconomic equalibrium happens when the aggregate supply and aggregate demand curves intersect.

Business
2 answers:
Olin [163]4 years ago
8 0

It is true that microeconomic equalibrium happens when the aggregate supply and aggregate demand curves intersect.

Answer: Option

<u>Explanation:</u>

The aggregate demand curve shows the total quantity of all goods and services demanded by the economy at the different price level of all final goods and services. The aggregate supply curve shows the quantity of real GDP it's supplied by the economy at the different price levels.

When the intersection of aggregate demand and supply curves determines means it's micro economic equilibrium level of real GDP and the price level in the economy.

STatiana [176]4 years ago
5 0

Answer:

False

Explanation:

Macroeconomic equilibrium (not microeconomic equilibrium) is when the aggregate supply and aggregate demand curves intersect

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