how is employment related to GDP
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GDP basically shows the gross value of output produced in an economy. By the conventional means, GDP could be increased by increasing the employment, ie by hiring more labour, the producers could produce more and achieve higher GDP.
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Answered by
1
Answer:GDP basically shows the gross value of output produced in an economy. By the conventional means, GDP could be increased by increasing the employment, ie by hiring more labour, the producers could produce more and achieve higher GDP.
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