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-Refer to Figure 8-2

Question 60

Multiple Choice

  -Refer to Figure 8-2.The economy is at full employment if A)  the quantity of labor supplied exceeds the quantity demanded B)  the quantity of labor demanded exceeds the quantity supplied C)  130 million workers are employed D)  the real hourly wage is rising E)  we reach the maximum point on the production function
-Refer to Figure 8-2.The economy is at full employment if


A) the quantity of labor supplied exceeds the quantity demanded
B) the quantity of labor demanded exceeds the quantity supplied
C) 130 million workers are employed
D) the real hourly wage is rising
E) we reach the maximum point on the production function

Correct Answer:

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