Employment tends to rise whenGroup of answer choicesaggregate output falls.unemployment rises.aggregate output rises.labor productivity falls.
Question
Employment tends to rise whenGroup of answer choicesaggregate output falls.unemployment rises.aggregate output rises.labor productivity falls.
Solution
Employment tends to rise when aggregate output rises.
Here's why:
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Aggregate output is the total amount of goods and services produced by an economy.
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When aggregate output rises, it means that businesses are producing more goods and services.
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To produce more, businesses often need to hire more workers.
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Therefore, when aggregate output rises, employment also tends to rise.
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