Social Sciences, asked by shamakaur721, 1 year ago

higher GDP growth rate leads to

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Answered by satuu43
0
Higher GDP Growth rate leads to :


●Higher production leads to a lower unemployment rate, further fueling demand.



● Increased wages lead tohigher demand as consumers spend more freely. This leads to higher GDPcombined with inflation. ... Both GDPand inflation increase in this scenar



●Industries are not separated has eco friendly and hazardous Industries, thus loss in nature is not taken into account.



Hope It Helps !!!!!
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