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R F
R F asked in Business & FinancePersonal Finance · 3 weeks ago

If 2% GDP growth results in full employment, what will happen to the long-run if GDP growth reached something higher, like 5%?

2 Answers

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  • skeptik
    Lv 7
    3 weeks ago

    Employers would have to hire even more non-citizens than they already do.

  • D.E.B.S.
    Lv 7
    3 weeks ago

    Inflation as a result of wage increases due to competition for employees.

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