How is the Gross Domestic Product related to the inflation rate and unemployment rate?

Inflation is the sudden increase of a product. Namely the product in this situation, a domestic product, such as pinesol maybe, can have a sudden price inflation if less workers are there (hence unemployment rate) to make the product to be sold. Since their is less of the product, that means the prices increase causing a inflation.

Heres a simple chart for you to observe

Workers Make%26gt;Pinesol%26gt;Pinesol production decreases suddenly because of lack of sales%26gt;Need for less workers%26gt;Less workers means higher unemployment rate%26gt;Suddenly Pinesol becomes famous%26gt;More workers needed but workers competent for task unavailable%26gt;Low number of Workers%26gt;Less Products%26gt;To make up for money price increase

The End

How is the Gross Domestic Product related to the inflation rate and unemployment rate?

The inflation rate and unemployment rate are expressed as a percentage of the GDP where GDP is used as the standard of measure.

Although we use the GDP as our standard, understand that when comparing our inflation or unemployment rates with countries in the EU that the standards are different because of inherent structural differences in criteria.