Question
Case Study Task: There are a number of economic concepts in the Don't be surprised if the economy surprises on the downside post from Ross
Case Study Task:There are a number of economic concepts in the "Don't be surprised if the economy surprises on the downside" post from Ross Gittins, Sydney Morning Herald Economics Editor http://www.rossgittins.com/2021/07/dont-be-surprised-if-economy-surprises.html
1.The article refers identifies "GDP was ahead of what it was at the end of 2019. Total employment was also ahead, while the rate of unemployment was actually a little lower".Explain the implied link between GDP and employment, but not necessarily between total employment and the rate of unemployment.
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