Full-employment output is also called

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Full-employment output is the level of output a country can produce when all its resources are employed at their normal rate. It is also known as potential output because it represents the maximum capacity of the economy. Natural output is a similar concept but refers specifically to output levels consistent with stable inflation. National output is the total value of goods and services produced by a country in a given year. Target output is not a commonly used term in macroeconomics.

Full-Employment Output Is Also Called