Full employment is the situation when:which of the choices below is the right answer?
a.inflation rate is 20%
b.the curve of the aggregate demand has a positive slope
c.real GDP match with potential GDP
d.all of them
e.none of them
1
Expert's answer
2018-10-01T13:13:08-0400
e.none of them - The correct alternative
Full employment (from the point of view of macroeconomics) is a situation in which the full utilization of all economic resources of the country, and first of all of the labor force, takes place.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment