CUET Economics 2025 26 May Shift 2Macro > MediumAbsence of voluntary unemployment.Absence of involuntary unemployment.Absence of frictional unemployment.Everyone in the economy is employed.✅ Correct Option: 2Related questions:30 May Shift 2If all the people in the economy increase the proportion of income they save, the total value of savings in the economy will not increase – it will either decline or remain unchanged. This situation is known as...................28 May Shift 2Determination of income and employment of a two-sector model is done by: (A) Ex-ante aggregate demand for final goods. (B) Ex-post aggregate demand for final goods. (C) Fixed price of final goods. (D) Constant rate of interest. Choose the correct answer from the options given below:22 May Shift 1......... is the situation where the equilibrium level of output is less than the full employment of output.