Comparing current real GDP growth to _____ will give a good indication of the change in the unemployment rate.

Question

Quizplus · Accepted Answer

Comparing current real GDP growth to average real GDP growth helps in understanding whether the economy is expanding faster or slower than its usual pace, which in turn affects the unemployment rate. If the current real GDP growth is higher than the average, it typically indicates a decrease in unemployment rates, and vice versa.

Comparing Current Real GDP Growth to _____ Will Give a Good