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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
When the labor market is in equilibrium so that the quantity of labor supplied equals the quantity demanded,
A) there is no unemployment.
B) the economy is at full employment.
C) nominal GDP equals real GDP.
D) there is no inflation.
E) real GDP might be more than, less than, or equal to potential GDP.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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SmooothSmoooth
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8 years ago
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8 years ago
My pleasure Happy Dummy
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