When the aggregate demand curve and the short-run aggregate supply curve intersect, Select one: a. The long-run aggregate supply curve must also intersect at the same point. b. Inflation must be increasing. c. Structural and frictional unemployment equal zero. d. The economy is in short-run macroeconomic equilibrium.
d. The economy is in short-run macroeconomic equilibrium.
Explanation:
The aggregate demand curve or the domestic demand curve is final good and services in the economy over a given point of time is effectively demand and is the growth of domestic production of the company.
The short-run curve shows the upwards sloping nature as the quantity supplied increases does the rise in the prices and changes in the unemployment and the inflation.
