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The Full Employment Pledge
The Practical Meaning of Full Employment
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achieve action adequate adjustments adoption aggregate demand amount arise automatic compensatory measures balances of payments basis borrowing capital cause cent changes commodities consumers counter-measures country's currency reserves current account decline deficit countries deposit depositor country depression disbursements disequilibrium domestic Economic and Social economic system effective demand ensure equilibrium expenditure export industries extent factors fall finance fiscal policy fluctuations foreign demand full employment policies full-employment target Havana Charter imports increase industrial countries inflation inflationary tendencies instability internal demand international investment international measures International Monetary Fund international trade international transactions John Maurice Clark labour legislation lending countries lending governments loans maintaining full major ment monetary reserves national income necessary nomic normal operation particular country period ployment present price level private investment problem public investment recommendations reduce restrictions result scheme structure surplus countries taxation tend tions underdeveloped countries unem unemployed United Nations wages world economy world trade