Potential Real GDP = $200 Billion Natural Rate of Unemployment = 6 Percent Actual Rate of Unemployment = 12 Percent Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable.The size of the negative GDP gap as a percentage of potential GDP for the economy is
A) 6 percent.
B) 9 percent.
C) 12 percent.
D) 15 percent.
Correct Answer:
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