Which of the following is true in the long run?
A) Unemployment is above its natural state
B) Unemployment is below its natural rate
C) LRAS and SRAS lie on the same line
D) Real GDP = potential GDP

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true in the long run?
A) Unemployment is above its natural state
B) Unemployment is below its natural rate
C) LRAS and SRAS lie on the same line
D) Real GDP = potential GDP

Which of the Following Is True in the Long Run