In a macroeconomic model, equilibrium is when
A)everyone in the economy is happy.
B)the actions of consumers and firms are consistent.
C)nothing is changing.
D)the government has achieved an efficient allocation of resources.

Name: In a macroeconomic model, equilibrium is when A)everyone in the economy is happy. B)the actions of consumers and firms are consistent. C)nothing is changing. D)the government has achieved an efficient allocation of resources.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The Answer is B

In a Macroeconomic Model, Equilibrium Is When