Solved

If the Unemployment Rate Is 4

Question 64

Multiple Choice

If the unemployment rate is 4.5 percent and the natural unemployment rate is 5.5 percent, then


A) potential GDP equals real GDP.
B) real GDP is greater than nominal GDP.
C) potential GDP is greater than real GDP.
D) we have mismeasured the natural unemployment rate.
E) potential GDP is less than real GDP.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions