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As GDP increases the unemployment rate will likely decrease. True Or False

As GDP increases the unemployment rate will likely decrease. True Or False
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2 votes
As GDP increases the unemployment rate will likely decrease.
True
Or False

User Imolit
by
8.4k points

1 Answer

3 votes
False, If GPD increases, it is likely that more jobs will be created with employees receiving better pay.
User Steffen
by
8.4k points
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