If the economy is at macroeconomic equilibrium, then real GDP
A) might be equal to, greater than, or less than potential GDP
B) must be less than potential GDP.
C) must equal potential GDP.
D) must be great than potential GDP.
E) cannot be compared to potential GDP.
Correct Answer:
Verified
Q51: The AS curve shifts leftward if
A)the money
Q52: In the short run, a rise in
Q53: Q54: In the short-run, an increase in the Q55: According to the AS-AD model, Q57: The aggregate supply curve shows the relationship Q58: If the equilibrium price level is 135 Q59: If the price level increases, there is
A)the AS curve
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