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

  • reaching full employment but not full prodduction checkmark
  • attaining full production but not full employment
  • under capitalized
  • attaining both full employment and full production

The correct answer is: A

Explanation

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