A nation realizes internal balance if economy achieves full employment and price stability.

Question

Quizplus · Accepted Answer

Internal balance is achieved when an economy achieves both full employment and price stability. Full employment means there is no involuntary unemployment in the economy, and price stability means there is a stable rate of inflation. Together, these conditions ensure that the economy is operating at its potential and that resources are being used efficiently.

A Nation Realizes Internal Balance If Economy Achieves Full Employment