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Question Practice

Which of the following best describes 'full employment'?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Determination Of Income And Employment
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00089096

Which of the following best describes 'full employment'?

1

Unemployment rate equals zero

2

All resources are utilized without involuntary unemployment

3

High level of aggregate demand

4

Equilibrium output in the economy

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