Aggregate Demand and Aggregate Supply

Economics
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Macroeconomic goals and macroeconomic equilibrium are the key elements in macroeconomics. What is long run macroeconomic equilibrium? What are the long run macroeconomic goals?

Aug 1st, 2015

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The natural level of employment occurs where the real wage adjusts so that the quantity of labor demanded equals the quantity of labor supplied In the long run, then, the economy can achieve its natural level of employment and potential output at any price level

The three macroeconomic goals of full employment, stability, and economic growth are widely considered to be beneficial and worth pursuing



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Aug 1st, 2015

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http://www.amosweb.com


Aug 1st, 2015

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