If Real GDP is less than Natural Real GDP,then the (actual)unemployment rate is

Name: If Real GDP is less than Natural Real GDP,then the (actual)unemployment rate is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If the Real GDP is less than Natural Real GDP, it means that the economy is not using all its resources efficiently, resulting in a decrease in employment opportunities. In this case, the actual unemployment rate will be greater than the natural unemployment rate. Therefore, option C is the best choice.

If Real GDP Is Less Than Natural Real GDP,then the (Actual)unemployment