When real GDP is potential GDP, the unemployment rate is _ the natural unemployment rate.
A) greater than; greater than
B) less than; equal to
C) equal to; greater than
D) greater than; less than
Correct Answer:
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Q234: Suppose that the natural unemployment rate is
Q239: The natural unemployment rate is
A) the unemployment
Q240: When the economy is at full employment
Q241: If the economy is at full employment,
A)
Q242: Suppose that the unemployment rate equals 4.5
Q243: At the natural unemployment rate, there is
Q245: Suppose the economy is experiencing frictional unemployment
Q247: The natural unemployment rate
A) is attained whenever
Q248: The natural unemployment rate .
A) is the
Q249: An increase in the price level is
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