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प्रश्न
In case of an under-employment equilibrium, which of the following alternatives is not true?
पर्याय
Aggregate Demand is equal to Aggregate Supply.
There exists excess production capacity in the economy.
Resources are not fully and efficiently utilised.
Resources are fully and efficiently utilised.
MCQ
उत्तर
Resources are fully and efficiently utilised.
Explanation:
Underemployment equilibrium occurs when aggregate demand equals aggregate supply at a rate less than full employment.
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