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What is the definition of full employment budget, in your own words?

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During world war ll
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User Ted Hosmann
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Answer:

The U.S. full-employment budget was developed during World War II

Step-by-step explanation:

This type of budgeting is based on receipts and expenditures that would prevail under conditions of full employment. The approach views the actual expenditures and receipts for the coming year as of secondary importance; it assigns primary importance to the influence of the budget on the national economy.

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User MRRaja
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