full employment
English
editNoun
edit- (economics, politics) A policy goal state in which all those wanting employment at the prevailing wages can find it.
- 1979, James H. Gapinski with Charles Edward Rockwood and Abba Ptachya Lerner, Essays in post-Keynesian inflation, page 272:
- ... not at the time recognized that this was a basic departure from the Keynesian view in which both of these full employments were regarded as identical.
Translations
edita policy goal state in which all those wanting employment at the prevailing wages can find it
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