Economics · Economy
A situation where aggregate supply equals aggregate demand, accompanied by the optimum and full utilization of available economic resources, is referred to as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Involuntary unemployment equilibrium
- 2Full employment equilibrium✓
- 3Underemployment equilibrium
- 4Natural unemployment equilibrium
Correct answer
Full employment equilibrium
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