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Edited by Telec:
2/28/2013 12:51:50 PM
17
Which is more important - GDP or unemployment?
You can gear a policy to help with GDP growth or with unemployment. Which do you choose?
(For the sake of argument, assume that the relative improvement is approximately the same, on whatever scale you choose to use)
And what if the policy which helped unemployment would damage GDP?
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2 RepliesEdited by TheBrandingIron: 2/28/2013 2:21:13 PMGDP is not that significant in terms of this comparison. However, GDP per capita is pretty critical, as it is the standard of living.
