When the Mauritius economy is at die full employment level of national income, it means that?
جب ماریشس کی معیشت مکمل روزگار کی سطح پر ہو تو اس کا کیا مطلب ہے؟
- Everybody is employed
- The economy is in the boom phase of the trade cycle
- There is no deficiency of demand
- None of these
Explanation
- Full employment means all available resources, especially labor, are fully utilized.
- At this level, the economy is producing at its maximum sustainable output.
- There is no unemployment caused by lack of demand (no cyclical unemployment).
- However, structural or frictional unemployment may still exist.
- So, it mainly means there is no deficiency of demand in the economy.
Last verified on 23-04-2026
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