Use the drop-down menus to complete the statements.

Question

Revolt · Accepted Answer

Aggregate supply and aggregate demand are similar to supply and demand in that prices must reach to benefit both producers and consumers.:

equilibrium

When long-run equilibrium is achieved, a society is using its resources .:

efficiently

Short-term aggregate supply happens in a curve instead of a straight line, because economic changes .:

take time

Introduction to Macroeconomics