Question

Full employment:

विकल्प

• is consistent with 'natural rate of unemployment'.

• occurs when demand for labour force = supply of labour force.

• AS = AD with zero level of unemployment.

• both (A) and (B)

Answer 1

both (A) and (B)

Explanation:

It represents the maximum amount of skilled and unskilled labour that can be employed at any one time in a given economy.