The aggregate demand and aggregate supply reach equilibrium at point ‘E’.
A. Both (i) and (ii) are true
B. Both (i) and (ii) are false
C. (i) is true but (ii) is false
D. (i) is false but (ii) is true
Answer:A
The aggregate demand and aggregate supply reach equilibrium at point ‘E’.
A. Both (i) and (ii) are true B. Both (i) and (ii) are false C. (i) is true but (ii) is false D. (i) is false but (ii) is true