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efacteau efacteau
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4 years ago
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.
Textbook 

Macroeconomics


Edition: 12th
Author:
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Vicki9699Vicki9699
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4 years ago
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efacteau Author
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