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प्रश्न
In how many stages is macroeconomic equilibrium determined?
पर्याय
Two stages
Four stages
One stage
Three stages
MCQ
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उत्तर
Macroeconomic equilibrium is determined in two stages. In Stage 1, the price level is kept fixed and macroeconomic equilibrium is worked out, while in Stage 2, the price level is allowed to vary and equilibrium is analysed again.
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