00:01
Hi, all right.
00:02
Your question is mostly about do you understand the definition of what is full employment output? so full employment output is the production level and all available resources are used efficiently.
00:13
So it's about efficiency.
00:16
It's not about making too much or too little.
00:18
It's about making the right amount where you are in fact kind of getting the highest revenue and highest level of good production out of what you're doing.
00:27
Okay, so let's look at our scenarios and let's understand how they would affect full employment output.
00:36
Okay, so how would each of the following affect this? a large amount of immigrants enter the country.
00:44
Well, some immigrants could fill job openings which helps with full employment output.
00:50
Some immigrants could not be employable thus creating a burden on the country and its efficiency.
00:54
So it, you know, it's hard to lump all immigrants into one category, really.
01:00
That's kind of my thing is you know it's like lumping all americans into one category it's you're generalizing too much all right b energy supplies become depleted the full employment output would be harmed tremendously by depleted energy supplies less will be produced at higher prices less jobs would be available all right c new teaching techniques improves the educational performance of high school seniors improving that educational performance of high school seniors will help the full employment output...