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what is the correct answer? 38. Equilibrium unemployment refers to unemployment that A) arises in a cyclical downturn. B) occurs when trade unions set wages

what is the correct answer?

38. Equilibrium unemployment refers to unemployment that

A) arises in a cyclical downturn.

B) occurs when trade unions set wages at too high a level.

C) persists when the aggregate demand for labour is equal to the aggregate supply.

D) can only occur when aggregate demand equals aggregate supply.

E) occurs due to a lack of aggregate demand..

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