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    Economics Principles and Policy Study Set 2
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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
  5. Question
    When Equilibrium GDP Is Greater Than Potential GDP, Jobs Are
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When Equilibrium GDP Is Greater Than Potential GDP, Jobs Are

Question 115

Question 115

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When equilibrium GDP is greater than potential GDP, jobs are plentiful and labor is in great demand.

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