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When the labor market is in equilibrium,i.the quantity demanded of labor equals the quantity supplie
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When the labor market is in equilibrium,i.the quantity demanded of labor equals the quantity supplie
When the labor market is in equilibrium,
i. the quantity demanded of labor equals the quantity supplied.
ii. there is full employment.
iii. potential GDP is produced.
A) i only
B) ii only
C) iii only
D) i and iii
E) i, ii, and iii
Textbook
Essential Foundations of Economics
Edition:
7
th
Authors:
Bade, Parkin
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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