Which of the Following Is True If Equilibrium Exceeds Full

question 22

Multiple Choice

Which of the following is true if equilibrium exceeds full employment?

• A)The economy is inside the production possibilities curve.
• B)The economy is experiencing low inflation.
• C)Growth rates are unacceptably low.
• D)The economy is working beyond normal capacity.

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A policy regime in which governments do not restrict imports from, or exports to, other countries through tariffs, quotas, or other trade barriers.

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