Real output in an economy grows by 1.5% but at the same time the level of unemployment increases. 8. What can be deduced from this information? A Labour productivity has decreased. Actual output has...

1 objective question answer fastReal output in an economy grows by 1.5% but at the same time the level of unemployment<br>increases.<br>8.<br>What can be deduced from this information?<br>A<br>Labour productivity has decreased.<br>Actual output has grown more slowly than potential output.<br>C<br>Population of working age has fallen.<br>There has been an increase in the rate of inflation.<br>

Extracted text: Real output in an economy grows by 1.5% but at the same time the level of unemployment increases. 8. What can be deduced from this information? A Labour productivity has decreased. Actual output has grown more slowly than potential output. C Population of working age has fallen. There has been an increase in the rate of inflation.

Jun 11, 2022
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