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Explain the concept of equilibrium in macroeconomic in brief?
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Explain the concept of equilibrium in macroeconomic in brief?
Macroeconomic equilibrium is a condition in the economy in which the quantity of aggregate demand equals the quantity of aggregate supply. If there are changes in either aggregate demand or aggregate supply, you could also see a change in price, unemployment, and inflation.
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Explain the concept of equilibrium in macroeconomic in brief?
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