The actual unemployment rate is most likely to rise when
A)Y is rising.
B)YN is rising.
C)(YN/Y)is falling.
D)(Y/YN)is falling.

Name: The actual unemployment rate is most likely to rise when A)Y is rising. B)YN is rising. C)(YN/Y)is falling. D)(Y/YN)is falling.
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Question

Quizplus · Accepted Answer

The actual unemployment rate is likely to rise when the ratio of actual output (Y) to natural output (YN) is falling, indicating that the economy is producing less relative to its potential, leading to higher unemployment.

The Actual Unemployment Rate Is Most Likely to Rise When