Economy, asked by rishurathi02, 9 months ago

there is full employment of resources and production is at its maximum is a phase of?
A) Peak
B) Expansion
C) Contraction
D) Both (A) & (B)

Answers

Answered by eknathabadiger65
0

Answer:

Full employment of labor is one component of an economy that is operating at its full productive potential and producing at a point along its Production Possibilities Frontier. ... Therefore, for an economy to be at full employment, it cannot be in a recession that's causing cyclical unemployment.

Answered by Anonymous
1

Explanation:

Peak is the answer bro XD

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