Economy, asked by Himakhi6381, 11 months ago

The equilibrium quantity of aggregate output occurs when

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Answered by Sahrin

Answer:

An economy is said to be at equilibrium when aggregate expenditure is equal to the aggregate supply (production) in the economy. ... Aggregate Expenditure – Equilibrium: In this graph, equilibrium is reached when the total demand (AD) equals the total amount of output (Y).

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