Economics · Macroeconomics
If ex-ante aggregate demand and ex-ante aggregate supply are plotted together in a graphical diagram, then at which point equilibrium will be reached?
- 1Where ex-ante aggregate demand is zero
- 2Where ex-ante aggregate demand is more than ex-ante aggregate supply
- 3Where ex-ante aggregate demand is equal to ex-ante aggregate supply✓
- 4Where ex-ante aggregate demand is less than ex-ante aggregate supply
Correct answer
Where ex-ante aggregate demand is equal to ex-ante aggregate supply
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