The level of full- employment output in an economy increases as:
A) the supply of labor increases.
B) the natural rate of unemployment decreases.
C) the stock of capital increases.
D) all of the above.
Correct Answer:
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Q2: When deciding whether to hire another worker,
Q3: A tax on labor causes a smaller
Q4: The phenomenon where private spending increases after
Q5: The relationship between the quantity of output
Q6: Which of the following would be counted
Q8: Which of the following would not cause
Q9: Which of the following is considered capital?
A)
Q10: According to the classical economists, the economy:
A)
Q11: In order to estimate the level of
Q12: Which of the following must be true
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