under-what-conditions-does-short-run-equilibrium-occur-in-the-ad-as-model

Question

Under what conditions does short run equilibrium occur in the AD-AS model?

Accepted Answer

When aggregate demand intersects with short run aggregate supply

Answer

When aggregate demand intersects with both short run and long run aggregate supply

Answer

When aggregate demand intersects with long run aggregate supply

Answer

When short run aggregate supply intersects with long run aggregate supply