6 Which of the following statements is false? a. The GDP gap widens during recessions and...

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6 Which of the following statements is false?

a. The GDP gap widens during recessions and narrows during expansions.

b. The natural rate of unemployment varies over time and across countries.

c. Men have higher unemployment rates than women because women move out of the labor force to have children.

d. Teenagers have the highest unemployment rates in the economy.

e. Nonwhites have higher unemployment rates than whites.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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