When the unemployment rate A. is greater than; equals OB. is less than; is less than OC. is less than; is greater than OD. is greater than; is greater than the natural unemployment rate, real GDP potential GDP

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 8P
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When the unemployment rate
A. is greater than; equals
OB. is less than; is less than
OC. is less than; is greater than
OD. is greater than; is greater than
the natural unemployment rate, real GDP
potential GDP.
Transcribed Image Text:When the unemployment rate A. is greater than; equals OB. is less than; is less than OC. is less than; is greater than OD. is greater than; is greater than the natural unemployment rate, real GDP potential GDP.
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