Respuesta :
Long-run macroeconomic equilibrium occurs when aggregate demand equals short-run aggregate supply and they intersect at a point on the long-run supply curve
What is long-run macroeconomic equilibrium?
When aggregate demand and short-run aggregate supply are equal at a certain point on the long-run aggregate supply curve, long-run equilibrium is reached. The unemployment rate is now equal to its natural rate, and actual real GDP is equal to potential GDP. Full employment equilibrium is another name for long-run equilibrium.
What is aggregate demand?
A macroeconomic concept known as "aggregate demand" refers to the total demand for products and services during a specific time period at any given price level. Since the two indicators are calculated in the same way, aggregate demand is equal to GDP over the long run.
What is short-run aggregate supply?
A visual representation of the correlation between the level of overall prices and the aggregate output supplied in an economy
Learn more about long-run equilibrium here:
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