In a state of under employment equilibrium, there is ________________ capacity in the economy.
Utilized
Unutlized
Overutilized
None of these
Answers
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Explanation:
I hope this one is your answer is unutlized please add me to brainliest
Answered by
2
Answer: This may help you
Explanation:
In a state of under employment equilibrium, there is unutilized capacity in the economy.
Under employment equilibrium is a condition where underemployment in an economy is persistently above the norm and has entered an equilibrium state. This, in turn, is a result of the unemployment rate being consistently above the natural rate of unemployment or non-accelerating inflation rate of unemployment (NAIRU) due to sustained economic weakness.
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