Employment Elasticity
Economics ⇒ Employment and Unemployment
Employment Elasticity starts at 11 and continues till grade 12.
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See sample questions for grade 12
A country experiences high GDP growth but low employment growth. What can be inferred about its employment elasticity?
A sector has an employment elasticity of 0. If output increases by 20%, what is the change in employment?
A sector has an employment elasticity of 1. What does this imply?
Define employment elasticity.
Describe one reason why the service sector in India may have lower employment elasticity compared to the construction sector.
Describe the relationship between automation and employment elasticity.
Explain how employment elasticity can guide government investment decisions.
Explain how labour market reforms can affect employment elasticity.
Explain why employment elasticity is important for policymakers.
Explain why policymakers in developing countries like India monitor employment elasticity closely.
Explain with an example how a sector can have negative employment elasticity.
If a sector's employment elasticity is 0.6 and output grows by 15%, what is the expected percentage increase in employment?
If a sector's output grows by 8% and employment elasticity is 0.25, what is the percentage increase in employment?
If a sector's output increases by 5% and its employment elasticity is 0.4, by what percentage does employment increase?
If employment elasticity is 0, what does it indicate about the relationship between output and employment?
If employment in a sector falls by 1% while output rises by 4%, what is the employment elasticity?
If output in a sector increases by 10% and employment increases by 2%, what is the employment elasticity?
If the employment elasticity of a sector is 0.5, what does it mean?
In the context of India, why is employment elasticity in agriculture generally low?
State the formula for employment elasticity.
