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Full- Employment Equilibrium Occurs When

Question 56

Multiple Choice

Full- employment equilibrium occurs when


A) all who are willing and able to work are working, and the wage level is set so that the GDP deflator equals 110.
B) real GDP equals potential GDP.
C) aggregate demand equals short- run aggregate supply.
D) real GDP equals potential GDP and the wage level is set so that the GDP deflator equals 110.
E) all who are willing and able to work, are working.

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