When an Economy Operates at Its Long-Run Potential Output Level

Multiple Choice

When an economy operates at its long-run potential output level,

A) aggregate demand will exceed aggregate supply in the goods and services market.
B) unemployment will decline to an abnormally low rate that cannot be sustained in the long run.
C) the actual rate of unemployment will exceed the natural rate of unemployment.
D) the natural and actual rates of unemployment will be equal.