The achievement of full employment through time will:

Question

Quizplus · Accepted Answer

Achieving full employment means that all available labour resources are being utilized, which increases the level of output and can lead to an increase in the rate of growth of real GDP. This is because there are fewer unemployed workers and therefore more resources available to produce goods and services. In addition, increased employment can lead to increased consumption, which can further stimulate economic growth. Option A is incorrect because full employment is likely to increase, not decrease, labour productivity. Option B is also incorrect because full employment can actually increase investment, as firms will have a larger pool of available workers to choose from, leading to increased productivity and profitability.

The Achievement of Full Employment Through Time Will