Ceteris paribus,if the employment rate is rising,the GDP per capita is

Question

Quizplus · Accepted Answer

When the employment rate is rising, it implies that more people are being employed, which could lead to an increase in their income and subsequently increase in their purchasing power. This increase in demand for goods and services can lead to an increase in production, which would lead to an increase in GDP per capita. Therefore, if the employment rate is rising, the GDP per capita is rising as well.

Ceteris Paribus,if the Employment Rate Is Rising,the GDP Per Capita