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Title: If real GDP exceeds potential GDP, then the unemployment rate ________ the natural unemployment rate Post by: Loraine on Jun 21, 2015 If real GDP exceeds potential GDP, then the unemployment rate ________ the natural unemployment rate.
A) equals B) is greater than C) is less than D) The premise of the question is incorrect because the relationship between real GDP and potential GDP has nothing to do with the relationship between the unemployment rate and the natural unemployment rate. E) The premise of the question is incorrect because real GDP can never exceed potential GDP. Title: Re: If real GDP exceeds potential GDP, then the unemployment rate ________ the natural unemployment Post by: Chimelo46 on Jul 17, 2015 Content hidden
Title: Re: If real GDP exceeds potential GDP, then the unemployment rate ________ the natural unemployment rate Post by: Chimelo46 on Aug 31, 2015 The textbook reference in your signature really helped me narrow it down.
Happy to help ;) |