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Macroeconomic Equilibrium in the Short Run Always Occurs at Full-Employment

question 51

True/False

Macroeconomic equilibrium in the short run always occurs at full-employment GDP.


Definitions:

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations and rights.

New Computer System

A recently implemented arrangement of computer hardware, software, and possibly other components designed to function together.

Complete

To finish or conclude an action or process entirely, leaving no part undone.

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