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Author Question: Long-run macroeconomic equilibrium occurs when A) aggregate demand equals short-run aggregate ... (Read 120 times)

viki

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on: Jun 29, 2018
Long-run macroeconomic equilibrium occurs when
 
  A) aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run aggregate supply curve.
  B) structural and frictional unemployment equals zero.
  C) aggregate demand equals short-run aggregate supply.
  D) output is above potential GDP.

Question 2

The application of economic analysis to human resources issues is called personnel economics.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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brbarasa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


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