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Multiple Attempts This test allows 2 attempts. This is attempt number 1 Force Co

ID: 1122800 • Letter: M

Question

Multiple Attempts This test allows 2 attempts. This is attempt number 1 Force Completion Once started, this test must be completed in one sitting. Do not leave th This test does not allow backtracking. Changes to the answer after subr Question Completion Status > Moving to the next question prevents changes to this answer. Question 9 The economy is in long-run equilibrium: "when the AD and AS curves intersect at potential output, Y*" e "when the AD and AS curves intersect, regardless of the level of output" O when the AD and AS curves become vertical e only when the buisness cycle is eliminated Moving to the next question prevents changes to this answer stocks Grou docx ^ ock Market Flyerdocx ATeam handout docx @! ' ^ handout.docx

Explanation / Answer

The economy is in long run when THE AD AND THE AS CURVES INTERSECT AT POTENTIAL OUTPUT, Y.