Multiple Choice
Which of the following is true?
A) At the natural rate of unemployment, the economy is considered to be at full employment.
B) At full employment, the economy is producing at its potential output.
C) If unemployment is greater than its natural rate, the economy is producing at less than its potential output.
D) If we are at less than full employment, some cyclical unemployment exists.
E) All of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
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