If the economy is producing Natural Real GDP,then the

Name: If the economy is producing Natural Real GDP,then the
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When the economy is producing at its Natural Real GDP, it is considered to be at full employment, which means the current unemployment rate equals the natural unemployment rate. This does not imply a 0% unemployment rate but rather the existence of frictional and structural unemployment without cyclical unemployment.

If the Economy Is Producing Natural Real GDP,then the