The economy will not reach and maintain its goals of full employment and price stability unless the economy is
A)At full employment and the price level is stable.
B)Above full employment and the price level is stable.
C)Below full employment and the price level is stable.
D)None of the choices are correct.

Question

Quizplus · Accepted Answer

For the economy to reach and maintain its goals of full employment and price stability, it must be operating at full employment while maintaining a stable price level. This is because full employment ensures that all available resources are being used efficiently, while a stable price level ensures that the economy is not experiencing inflation or deflation.

The Economy Will Not Reach and Maintain Its Goals of Full