Which of the following depicts the Verdoorn's law correctly?
1
There exists a strong positive correlation between the growth of the manufacturing output and the growth of productivity in manufacturing.
2
There exists a strong positive relationship between the growth of manufacturing output and the g productivity outside of manufacturing.
3
There exists a strong positive correlation between the growth of manufacturing output and the growth GDP.
4
There exists a strong negative correlation between the growth of manufacturing output and the growth GDP.