SECTION A
IMACRO ECONOMICSI
01- Full employment equilibrium refers to a situation of :
AD - AS
b. Zeta unemployment
Betha) & ()
d. None of these
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Above full employment equilibrium describes a situation in which an economy's real gross domestic product (GDP) is higher than usual. An overly active economy creates more demand for goods and services which pushes prices and wages up as companies increase production to meet that demand.
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