If there is a vertical supply curve, then a mandated benefit will result in a full employment effect.

Name: If there is a vertical supply curve, then a mandated benefit will result in a full employment effect.
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Quizplus · Accepted Answer

A vertical supply curve indicates that the quantity supplied is fixed and does not change with price. A mandated benefit would not affect employment levels because the quantity supplied remains constant regardless of changes in costs or benefits.

If There Is a Vertical Supply Curve, Then a Mandated