1.19. If employment coefficient is positive and greater than 1; then
[1] There is economic growth.
[2] There is an increase in employment opportunities.
[3] A 1% economic or real GDP growth rate will result in a more than 1% increase in employment
[4] There is an increase in potential GDP.
[5] There is no economic growth.
[3] A 1% economic or real GDP growth rate will result in a more than 1% increase in employment
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