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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3845 |
Essay's paper body
If unemployment in this time remains constant, this means that the working population have been 3% more productive for the previous year. If, however, the economy did not grow, but productivity continued to rise, this would mean that fewer workers were required and unemployment could increase. This can lead to a reduction in spending due to less income and job security for the remaining employed...
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This can lead to a reduction in spending due to less income and job security for the remaining employed.
The diagram, below, shows how each part of the equation, above, interacts. The diagram also includes value added from abroad, from overseas investments.
Figure 1.1 - GDP Interaction Diagram, (National Statistics)
Change in GDP, normally has a noticeable effect on the stock market...
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Although working groups can be very productive they can also be difficult to manage and changes to their membership can lead to reduced performance
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