When the Labor Market Is in Equilibrium

question 123

Multiple Choice

When the labor market is in equilibrium,

• A) the price level equals potential prices.
• B) real GDP equals potential GDP.
• C) the SAS curve is horizontal.
• D) the price level is stable.

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Definitions:

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To convince someone to do or believe something through reasoning or the use of temptation.

Brief Written Message

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