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AD-AS Model: Equilibrium in the Short Run and Long Run
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AD-AS Model: Equilibrium in the Short Run and Long Run
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17. Aggregate Demand and Aggregate Supply Analysis / AD-AS Model: Equilibrium in the Short Run and Long Run / Problem 2
Problem 2
Under what conditions does short run equilibrium occur in the AD-AS model?
A
When aggregate demand intersects with both short run and long run aggregate supply
B
When aggregate demand intersects with long run aggregate supply
C
When short run aggregate supply intersects with long run aggregate supply
D
When aggregate demand intersects with short run aggregate supply
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