-The table above gives data for the nation of Pearl,a small island in the South Pacific.The economy is at full employment when real GDP is
A)$25 billion.
B)$28 billion.
C)$22 billion.
D)$31 billion.
E)$34 billion.

Question

-The table above gives data for the nation of Pearl,a small island in the South Pacific.The economy is at full employment when real GDP is
A)$25 billion. 
B)$28 billion. 
C)$22 billion. 
D)$31 billion. 
E)$34 billion.

Quizplus · Accepted Answer

The economy is at full employment when real GDP is $25 billion. This is because the table shows that at this level of real GDP, the unemployment rate is 0%, which is the definition of full employment.

-The Table Above Gives Data for the Nation of Pearl,a