The current stage of the economy is depicted in curve 1. Point P suggests that
ECONOMICS
JAMB 1997
The current stage of the economy is depicted in curve 1. Point P suggests that the economy is
- A. reaching full employment but not full production
- B. attaining full production but not full employment
- C. under capitalized
- D. attaining both full employment and full production
Correct Answer: A. reaching full employment but not full production
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