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When the Economy Is at Full Employment

Question 106

Multiple Choice

When the economy is at full employment:


A) one cannot generalize in comparing the actual and the full-employment budgets.
B) the full-employment budget will show a surplus and the actual budget will show a deficit.
C) the actual budget will show a surplus and the full-employment budget will show a deficit.
D) the actual and the full-employment budgets will be equal.

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