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-Refer to Exhibit 16-5

Question 58

Multiple Choice

  -Refer to Exhibit 16-5.If the economy is at point 6,and the natural unemployment rate exists at points 1,4,and 5,it follows that A)  Real GDP is greater than Natural Real GDP. B)  Real GDP is less than Natural Real GDP. C)  Real GDP is the same as Natural Real GDP. D)  the economy is in a recessionary gap. E)  b and d
-Refer to Exhibit 16-5.If the economy is at point 6,and the natural unemployment rate exists at points 1,4,and 5,it follows that


A) Real GDP is greater than Natural Real GDP.
B) Real GDP is less than Natural Real GDP.
C) Real GDP is the same as Natural Real GDP.
D) the economy is in a recessionary gap.
E) b and d

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