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2 years ago

when the unemployment ratethe natural unemployment rate, the real gdp is potential gdp and the output gap is

1 answer:

4 0

It should be noted that when the unemployment rate is currently above the natural unemployment rate, the real gdp is below potential gdp and the output gap is low.

<h3>What is unemployment rate?</h3>

unemployment rate can be regarded as the percentage of unemployed individuals that can be seen in an economy .

This are individuals that are currently not in the labour force and the real gdp is below potential GDP when unemployment rate is currently above the natural unemployment rate.

Learn more about unemployment rate at;

brainly.com/question/25605883

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3 years ago

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The correct answers are: I. Investment banks generally cannot be specialists. and V. Specialists help maintain continuous trading.

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3 years ago

The multiplier is greater than 1 because the change in autonomous expenditure leads to _______.

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The correct answer is option B.

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3 years ago

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

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Balance for the Factory Overhead account: 19,000 credit

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3 years ago

when the unemployment rate____the natural unemployment rate, the real gdp is____ potential gdp and the output gap is

when the unemployment ratethe natural unemployment rate, the real gdp is potential gdp and the output gap is