Question 1
Explain what economists mean by ‘full employment’. [3 marks]
Answer: Full employment is whereby all people who are willing and able to work in
the prevailing wage rates have employment…Macroeconomics
Question 1
Explain what economists mean by ‘full employment’. [3 marks]
Answer: Full employment is whereby all people who are willing and able to work in
the prevailing wage rates have employment…Macroeconomics