In Keynesian theory, at macro equilibrium:
A. The economy may or may not be at full employment.
B. Aggregate demand intersects aggregate supply.
C. The economy will stay at that output level, ceteris paribus.
D. All of the above.
Answer:D
In Keynesian theory, at macro equilibrium:
A. The economy may or may not be at full employment. B. Aggregate demand intersects aggregate supply. C. The economy will stay at that output level, ceteris paribus. D. All of the above.