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Which of the Following Is True

Question 52

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) ​All of the above are true.

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