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_refers to a situation when AD is equal to AS beyond the full employment level.

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_refers to a situation when AD is equal to AS beyond the full employment level.
A. full employment Equilibrium
B. Over full Employment Equilibrium
C. Under employment Equilibriium
D. None of these
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under employment equilibrium refers to a situation when Aggregate demand (AD) is equal to Aggregate supply(AS) beyond the full employment level. So, option3 is the corect answer.
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