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What is the term for a widening gap in which GDP rises without proportional employment generation?

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Question

What is the term for a widening gap in which GDP rises without proportional employment generation?

Options

  • Casualisation

  • Regular salaried employment

  • Jobless Growth

  • Self-employment

MCQ
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Solution

Jobless Growth occurs when GDP grows faster than employment. It describes GDP rising without proportional employment generation.

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