According to Keynesian theory :-
Equilibrium level is the point at which Aggregate Demand curve intersects Aggregate Supply curve . And this point is termed as Full Employment Level
How do we interpret that this is level of full employment ?
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2$\begingroup$ Does this answer your question? Is 'full employment' synonymous with 'the natural rate of unemployment'? $\endgroup$ – Giskard Aug 5 '20 at 11:01
