Which of the following conditions is true when the economy is at its full, or natural, level of output? The economy is o

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answerhappygod
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Which of the following conditions is true when the economy is at its full, or natural, level of output? The economy is o

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Which of the following conditions is true when the economy is atits full, or natural, level of output?
The economy is operating at its maximum possible level of outputgiven its existing resources.
All resources are fully utilized and the unemployment rate iszero.
There is only a small stable pool of unemployed workers (jobseekers equal job vacancies) looking for and transitioning into newjobs.
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