The employment level has to be in order to produce an output level of $12,300 billion real GDP would be 140 million.
The phrase used to gauge a nation's economic standing is real GDP.
Real growth in the nation's output of goods and services is what determines the country's real GDP.
Rising employment levels result in rising real GDP numbers for the nation.
In addition to serving as a general indicator of economic success, GDP is frequently utilized in international comparisons. It is frequently referred to as the "most potent statistical measure of national development and progress in the world." Critics of the growth imperative, however, frequently assert that GDP statistics were never intended to assess progress and omit important additional externalities, such as resource extraction, environmental effect, and unpaid domestic work.
As is demonstrated, According to the graph, below
140 million people per year, or point C in the following graph, are needed to create an output level of $12,300 billion in real GDP. The criteria for the other three will not be met.
So, in order to create an output level of $12,300 billion real GDP, 140 million jobs are needed.
Hence,140 million is the answer.
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