Multiple Choice
Refer to the graphs, where the subscripts on the labels denote years 1 and 2. From the graphs we can clearly conclude that the economy
A) is not at full employment in either year.
B) is at full employment in year 1 but not in year 2.
C) is at full employment in year 2 but not in year 1.
D) is at full employment in both years.
Correct Answer:
Verified
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