menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 68
  4. Exam
    Exam 9: Business Cycles, Unemployment, and Inflation
  5. Question
    If the Economy's Actual GDP Is Greater Than Its Potential
Solved

If the Economy's Actual GDP Is Greater Than Its Potential

Question 268

Question 268

True/False

If the economy's actual GDP is greater than its potential GDP, then there is high unemployment in
that economy.

Correct Answer:

verifed

Verified

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

Related Questions

Q263: In the expansion phase of a business

Q264: Real income is found by<br>A) dividing nominal

Q265: Who is least likely to be hurt

Q266: If the nominal interest rate is 5

Q267: <span class="ql-formula" data-value="\begin{array} { | l |

Q269: The natural rate of unemployment is the<br>A)

Q270: The natural rate of unemployment is<br>A) higher

Q271: Inflation means that the prices of all

Q272: According to the Bureau of Labor Statistics,

Q273: Unemployment that is the result of deregulation,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines