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Title: If the real wage rate is such that the quantity of labor supplied equals the quantity of labor demanded
Post by: efacteau on Sep 24, 2018
If the real wage rate is such that the quantity of labor supplied equals the quantity of labor demanded
A) a full-employment equilibrium occurs.
B) actual GDP equals potential GDP.
C) the supply curve of labor is vertical.
D) Both answers A and B are correct.


Title: If the real wage rate is such that the quantity of labor supplied equals the quantity of labor demanded
Post by: Vicki9699 on Sep 24, 2018
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