Business Studies, asked by luckkynaresh8453, 1 year ago

What is aggregate employment elasticity definition?

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Answered by Anonymous

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Employment elasticity is a measure of the percentage change in employment associated with a 1 percentage point change in economic growth. The employment elasticity indicates the ability of an economy to generate employment opportunities for its population as per cent of its growth (development) process.

Answered by UrvashiBaliyan

1

Answer:

Employment elasticity is a measure of the percentage change in employment associated with a 1 percentage point change in economic growth. The employment elasticity indicates the ability of an economy to generate employment opportunities for its population as per cent of its growth (development) process.

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