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    Macroeconomics Study Set 40
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    Exam 5: Monitoring Jobs and Inflation
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    If the Economy Is at Full Employment
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If the Economy Is at Full Employment

Question 60

Question 60

Multiple Choice

If the economy is at full employment,


A) the only unemployment is frictional unemployment plus discouraged workers.
B) the entire population is employed.
C) real GDP equals potential GDP.
D) the entire labor force is employed.

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