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When the economy is at full employment

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Question

A. one cannot generalize in comparing the actual and the full-employment budgets.;B. the full-employment budget will show a surplus and the actual budget will show a deficit.;C. the actual budget will show a surplus and the full-employment budget will show a deficit.;D. the actual and the full-employment budgets will be equal.

 

Paper#21627 | Written in 18-Jul-2015

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