When the aggregate demand curve and the aggregate supply curve intersect,
A.
the economy is in short-run macroeconomic equilibrium.
B.
cyclical unemployment must be zero.
C.
there is a recession.
D.
the potential GDP curve must also intersect at the same point.
E.
inflation must be increasing.
If real GDP in a small country is $5 billion in 2019 and real GDP in the same country is $5.2 billion in 2020, the growth rate of real GDP between 2019 and 2020
A.
is 4.00%.
B.
is 3.17%.
C.
is 3.85%.
D.
is 3.28%.
E.
is 1.04%.