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What does it mean for an economy to fully employ its resources?
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What does it mean for an economy to fully employ its resources?
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Jul 23, 2017
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What does it mean for an economy to fully employ its resources?
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Neicy
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Iit means that the economy managed to 100 % used all of it's resources, which mean that :
- there will be no unemployment
- There would be no economic efficiency,
- and there is always a constant steady flow of capital
hope this helps
Jainender Chauhan
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Jul 29, 2017
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Jainender Chauhan
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