2. In the [S-LM-FE model, equilibrium in the labour market is represented graphically by the full-employment, or
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2. In the [S-LM-FE model, equilibrium in the labour market is represented graphically by the full-employment, or FE, line, which is vertical at full-employment output. Factors that raise full-employment output shift the FE line to the right, and factors that reduce full-employment, output shift the FE line to the left.
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Related Book For 
Macroeconomics Plus Myeconlab With Pearson Global Edition
ISBN: 377221
9th Canadian Edition
Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore
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