A macroeconomic equilibrium occurs when the
A) quantity of real GDP demanded is greater than the quantity of real GDP supplied.
B) quantity of real GDP demanded is less than the quantity of real GDP supplied.
C) quantity of real GDP demanded equals the quantity of real GDP supplied even if they are not equal to potential GDP.
D) quantity of real GDP demanded equals the quantity of real GDP supplied and both equal potential GDP.
E) None of the above answers is correct.
Correct Answer:
Verified
Q153: If the quantity of real GDP demanded
Q154: A rise in the price level
A)raises the
Q155: If the quantity of real GDP demanded
Q156: Because of the existence of the aggregate
Q157: When the price level rises,the real interest
Q159: Q160: When investment increases,the _ in aggregate demand Q161: If real GDP is less than potential Q162: If the equilibrium price level is 135 Q163:
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