Author Question: In macroeconomics, equilibrium is defined as the point at which: a. the economy attains the highest ... (Read 90 times)

ts19998 · **on:** Jun 30, 2018

In macroeconomics, equilibrium is defined as the point at which:
a. the economy attains the highest level of GDP.
b. there is no unemployment in the economy.
c. people's plans match the reality.
d. there is high inflation and unemployment in the economy.
e. there is no inflation in the economy.

Question 2

A technological advance that reduces the cost of producing computers will shift the supply curve of computers to the right.
a. True
b. False
Indicate whether the statement is true or false