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    Essential Foundations of Economics Study Set 1
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    Exam 15: Jobs and Unemployment
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    As the Unemployment Rate Increases
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As the Unemployment Rate Increases

Question 56

Question 56

Multiple Choice

As the unemployment rate increases,


A) potential GDP decreases.
B) real GDP decreases.
C) both real GDP and potential GDP decrease.
D) potential GDP increases.
E) full employment GDP decreases.

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