what is full employment level?
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Full employment is an economic situation in which all available labor resources are being used in the most efficient way possible. ... In practical terms, economists can define various levels of full employment that are associated with low but non-zero rates of unemployment.
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Full employment is an economic situation in which all available labor resources are being used in the most efficient way possible. ... In practical terms, economists can define various levels of full employment that are associated with low but non-zero rates of unemploymen
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