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According to classical economists, there always exists ______ equilibrium in the economy. -

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Question

According to classical economists, there always exists ______ equilibrium in the economy. 

Options

  • Full employment

  • Underemployment

  • Overfull employment

  • None of these

MCQ
Fill in the Blanks

Solution

According to classical economists, there always exists Full employment equilibrium in the economy. 

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Meaning of Full Employment
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