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Macroeconomic Equilibrium
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Summary
Macroeconomic equilibrium is like when a see-saw is perfectly balanced, with no one side going up or down. It's when what people want to buy and what people want to sell are just right, so everyone is happy and nothing needs to change.
Concepts
Supply And Demand
Aggregate Supply
Aggregate Demand
Equilibrium Price
Market Balance
Economic Stability
Inflation
Unemployment
Gross Domestic Product
Relevant Degrees
Economic Theory and Concepts 60%
Economic Movements 30%
Trade and Global Economy 10%
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