Equilibrium is unique; it is the only price-output combination that is mutually compatible with aggregate supply and demand.
Macro equilibrium occurs at the intersection of the AS and AD curves.

Question

Quizplus · Accepted Answer

This statement is true. Macro equilibrium is indeed achieved at the intersection of aggregate supply and aggregate demand, and this equilibrium point is unique.

Equilibrium Is Unique; It Is the Only Price-Output Combination That