As the unemployment rate increases,
A) potential GDP decreases.
B) real GDP decreases.
C) both real GDP and potential GDP decrease.
D) potential GDP increases.
E) full employment GDP decreases.
Correct Answer:
Verified
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
Q253: When the unemployment rate is greater than
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
Q259: When the unemployment rate is _ the
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