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The drought in India has caused factories to cut production which means cuts to jobs so employment decreases. With the need for less labor the
The drought in India has caused factories to cut production which means cuts to jobs so employment decreases. With the need for less labor the potential GDP is also decreased. And with the decrease and possible collapse of the incentive system of the area, the labor productivity decreases
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
