When an economy is operating at its full employment rate of output:

A. the rate of unemployment will be zero.
B. output will exceed the economy's maximum sustainable rate.
C. the actual rate of unemployment will equal the natural rate.
D. the economy's potential rate of output will exceed actual GDP.


Answer: C

Economics

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a. 1 percent b. 5 percent c. 10 percent d. 20 percent e. 0 percent

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International trade does all the following except

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