Short-run macroequilibrium is achieved at the intersection of aggregate demand and short-run aggregate supply curves, determining real GDP and price level. Long-run equilibrium occurs when aggregate demand intersects long-run aggregate supply at potential output level.
Short-run macroequilibrium in macroeconomics occurs at the intersection of the aggregate demand curve with the short-run aggregate supply curve. This point determines the equilibrium real GDP and price level in the short run. In contrast, long-run equilibrium happens when the aggregate demand curve intersects the long-run aggregate supply curve at the economy's potential output level.
https://brainly.com/question/33448905