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If the Natural Unemployment Rate Is 5 Percent and the Current

Question 33

Multiple Choice

If the natural unemployment rate is 5 percent and the current unemployment rate is 6 percent,then the economy is


A) producing more Real GDP than it does at full employment.
B) in an inflationary gap.
C) producing less Real GDP than it does at full employment.
D) a and b
E) b and c

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