Multiple Choice
What is the full-employment output level?
A) The output level that results when the loanable funds market clears
B) The output level that results when the returns to labor are zero
C) The output level that results when factories are completely full
D) The output level that results when the labor market clears
E) The output level that would occur if the output level was positive.
Correct Answer:
Verified
Correct Answer:
Verified
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