The intersection of an economy's aggregate demand and long-run aggregate supply curves: (A) Occurs at high levels of cyclical unemployment (B) Occurs at the economy's potential output (C) Determines its equilibrium real GDP in both the long run and the short run (D) Determines its equilibrium price level in both the long run and short run
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Home » Business » The intersection of an economy's aggregate demand and long-run aggregate supply curves: (A) Occurs at high levels of cyclical unemployment (B) Occurs at the economy's potential output (C) Determines its equilibrium real GDP in both the long run and