When does macroeconomic equilibrium occur? Multiple Choice When exports equal imports. When the aggregate supply equals the long-run Aggregate Supply When the aggregate demand equals the long-run Aggregate Supply When the aggregate quantity demanded is equal to the aggregate quantity supplied.

When does macroeconomic equilibrium occur? Multiple Choice When exports equal imports. When the aggregate supply equals the long-run Aggregate Supply When the aggregate demand equals the long-run Aggregate Supply When the aggregate quantity demanded is equal to the aggregate quantity supplied.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter8: Macroeconomic Equilibrium: Aggregate Demand And Supply

Section: Chapter Questions

Problem 11E

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Question

When does macroeconomic equilibrium occur?
Multiple Choice
When exports equal imports.
When the aggregate supply equals the long-run Aggregate Supply
When the aggregate demand equals the long-run Aggregate Supply.
When the aggregate quantity demanded is equal to the aggregate quantity supplied.

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