When the unemployment rate is greater than the natural unemployment rate,real GDP is
A) greater than potential GDP.
B) less than potential GDP.
C) unrelated to potential GDP.
D) equal to potential GDP.
E) greater than full employment GDP.
Correct Answer:
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Q248: If real GDP exceeds potential GDP,then the
Q249: During a recession,
A)real GDP is equal to
Q250: An increase in unemployment benefits _ and
Q251: Vicki would be classified as
A)a voluntary part-time
Q252: Which of the following people is frictionally
Q254: As the unemployment rate increases,
A)potential GDP decreases.
B)real
Q255: If an entire industry relocates to a
Q256: Which of the following lowers frictional unemployment?
A)more
Q257: When the unemployment rate equals the natural
Q258: When the unemployment rate is _ the
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