QuestionAugust 17, 2025

Full employment is achieved when all eligible people who want to work can find employment at current wage rates. True False

Full employment is achieved when all eligible people who want to work can find employment at current wage rates. True False
Full employment is achieved when all eligible people who want to work can find employment at current wage rates.
True
False

Solution
4.4(271 votes)

Answer

True Explanation 1. Define Full Employment Full employment occurs when all eligible individuals who want to work can find jobs at prevailing wage rates, without causing inflation. 2. Evaluate Statement The statement aligns with the definition of full employment.

Explanation

1. Define Full Employment<br /> Full employment occurs when all eligible individuals who want to work can find jobs at prevailing wage rates, without causing inflation.<br /><br />2. Evaluate Statement<br /> The statement aligns with the definition of full employment.
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