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johnpaul92 johnpaul92
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8 years ago
In the Keynesian model, the full-employment level of output is the amount of output produced when
A) the market wage exceeds the efficiency wage.
B) the real wage exceeds the nominal wage.
C) the quantity of labor demanded equals the quantity of labor supplied.
D) labor is paid an efficiency wage, and the real wage equals the marginal product of labor.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
Appreciate your help, thank you again
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