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InterviewSolution
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What Is Full Employment Gdp? |
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Answer» The market VALUE of all final goods and SERVICES produced at full employment. There is no more RESOURCES to be DEPLOYED. At this STAGE if there is further expansion of output, then it will lead to inflation. The market value of all final goods and services produced at full employment. There is no more resources to be deployed. At this stage if there is further expansion of output, then it will lead to inflation. |
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