The FE Line Is Vertical Because the Level of Output

question 45

Multiple Choice

The FE line is vertical because the level of output at full employment doesn't depend on the

• A)real wage rate.
• B)level of employment.
• C)marginal product of labour.
• D)real interest rate.

---

Definitions:

Main Idea

The central concept or most important point that an author or speaker aims to communicate to their audience.

Specific Action

A particular, well-defined step taken to achieve a goal or objective.

Inconvenience

A mild annoyance or discomfort that causes a temporary interruption or difficulty in a person's routine or plans.

Consequences

The outcomes or effects that result from a particular action or set of conditions, often in terms of cause and effect.