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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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Answer:

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Total of Assets 1,710,000

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2 years ago

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3 years ago

Gerardi Supply started the year with total assets of $210,000 and total liabilities of $85,000. During the year, the business re

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Answer:

$155.000

Explanation:

According with the information the person has first calculate the Equity. According with the accounting equation the Assets are equal to Liabilities plus the Equity. The first step is found the equity of the next way:

Equity year 1= Assets- Liabilities

Equity year 1= $210,000 - $85,000

Equity year 1= $125.000

Equity year 1= 125.000- 50.000 (dividends) = $75.000

Nevertheless, the calculation of the net income is measure independent of the operations in the balance sheet.

After you need to calculate the net income:

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Net income= $275,000- $120,000

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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