With reference to Employment Elasticity, consider the following statements:
1. Employment Elasticity measures the percentage change in employment for every 1 percentage increase in the GDP.
2. Employment Elasticity can never be negative.
Which of the statements given above is/are correct?
With reference to Employment Elasticity, consider the following statements:
1. Employment Elasticity measures the percentage change in employment for every 1 percentage increase in the GDP.
2. Employment Elasticity can never be negative.
Which of the statements given above is/are correct?
Economy
Gdp
Options
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