When a country keeps its workers as fully employed as possible, it achieves a higher level of GDP than if many of its workers were idle.

Name: When a country keeps its workers as fully employed as possible, it achieves a higher level of GDP than if many of its workers were idle.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Full employment maximizes the utilization of labor resources in the economy, leading to higher production of goods and services, which in turn contributes to a higher Gross Domestic Product (GDP).

When a Country Keeps Its Workers as Fully Employed as Possible