Al. How can the employment Situation improve faster growth of GDP. – InterviewSolution

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1.	Al. How can the employment Situation improve faster growth of GDP.
Answer» Full employment GDP is a HYPOTHETICAL GDP level which an economy WOULD achieve if it reported full employment. That is, it's the GDP level corresponding to zero UNEMPLOYMENT. ... By definition, full employment GDP is Pareto efficient, i.e., the economy can't INCREASE aggregate output without increasing the level of inputs.

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