Register
Describe the relationship between GDP, unemployment and inflation. (What happens to unemployment and inflation when GDP increases?)
155k views
5 votes
Describe the relationship between GDP, unemployment and inflation. (What happens to unemployment and inflation when GDP increases?)

User Suleiman AbdulMajeed
by
6.0k points

1 Answer

6 votes

Answer:

If the GDP goes up unemployment would go down and inflation would go down and if GDP goes down unemployment goes up and inflation goes up.

Step-by-step explanation:

User Polpetti
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

Which is an example of a human activity harming a renewable resource? using solar panels using wind power polluting a river planting trees
A wind that blows from the southwest across the indian ocean toward south asia from june through september is a _____.
Which trace fossils are created when a worm travels through the soil and the impression is filled with hardened sediment?a.coprolitesb.tracks and trailsc.molds and castsd.burrows and borings?
What natural resource plays the largest role in the economies of the persian gulf countries?
Which bodies are composed primarily of rock and metal? A) comets and stars B) stars and meteors C) comets and asteroids D) asteroids and meteors
Link Copied!