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max2010maxim [7]
3 years ago
6

Happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment.

Social Studies
1 answer:
djverab [1.8K]3 years ago
6 0
Full employment GDP <span>Happens when the economy is producing at its potential and unemployment is at the natural rate of unemployment.
The Full employment GDP is the term that is used to describe a very ideal condition of economy, when the total economic input and output perform at their full potential</span>
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2 years ago
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