Full-Employment Equilibrium Occurs When

Multiple Choice

Full-employment equilibrium occurs when

A) aggregate demand equals short-run aggregate supply.
B) all who are willing and able to work, are working.
C) real GDP equals potential GDP.
D) real GDP equals potential GDP and the wage level is set so that the GDP deflator equals 100.
E) all who are willing and able to work are working, and the wage level is set so that the GDP deflator equals 100.