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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    If the Actual Rate of Unemployment Is Above the Natural
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If the Actual Rate of Unemployment Is Above the Natural

Question 240

Question 240

Multiple Choice

If the actual rate of unemployment is above the natural rate of unemployment, then potential GDP is


A) equal to the GDP gap.
B) equal to actual GDP.
C) less than actual GDP.
D) greater than actual GDP.

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