Multiple Choice
Use the table below to answer the following questions.
Table 10.3.1
-Refer to Table 10.3.1.The economy is in
A) a below full- employment equilibrium, and factor prices will decrease.
B) an above full- employment equilibrium, and factor prices will increase.
C) an above full- employment equilibrium, and factor prices will decrease.
D) a long- run equilibrium, and factor prices will not change.
E) a below full- employment equilibrium, and factor prices will increase.
Correct Answer:
Verified
Correct Answer:
Verified
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