The economy is in its short run equilibrium at the point where the
A. price level is stable.
B. SAS curve intersects the LAS curve.
C. AD curve intersects the LAS curve.
D. AD curve intersects the SAS curve.
Answer:D
The economy is in its short run equilibrium at the point where the
A. price level is stable. B. SAS curve intersects the LAS curve. C. AD curve intersects the LAS curve. D. AD curve intersects the SAS curve.