Advanced Placement (AP), 16.03.2022 08:20 whitethunder05
AP MACROECONOMICS!!! If the price level is above the equilibrium price level, how does the aggregate quantity of goods and services demanded compare to the aggregate quantity of goods and services supplied at the price level? Is this a condition of equilibrium? If not, then what mechanism allows the economy to move toward equilibrium?
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AP MACROECONOMICS!!!
If the price level is above the equilibrium price level, how does the aggrega...
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