When the economy is at full employment


When the economy is at full employment

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.

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Macroeconomics: When the economy is at full employment
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