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प्रश्न
Which of the following statements is true?
पर्याय
Under employment equilibrium refers to the situation when people who are able and willing to work at the prevailing wage rate do not get employment.
Under employment equilibrium refers to the situation when people who are not able but are willing to work at the prevailing wage rate do not get employment
Full employment equilibrium refers to the situation when people who are not able but are willing to work at the prevailing wage rate do not get employment.
Full employment equilibrium refers to the situation when people who are able and willing to work at the prevailing wage rate get employment.
उत्तर
Full employment equilibrium refers to the situation when people who are able and willing to work at the prevailing wage rate get employment.
Explanation:
Full employment equilibrium occurs when aggregate demand equals aggregate supply, and all persons who are equal to work and willing to work at the current wage rate) are able to find job.
