Potential GDP is the value of real GDP when ______. A. The unemployment rate equals the natural

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Potential GDP is the value of real GDP when ______.

A. The unemployment rate equals the natural unemployment rate

B. There is no frictional unemployment

C. There is no structural unemployment

D. The unemployment rate is zero

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 18, 2018 02:47 AM

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Potential GDP is the value of real GDP when ______. A. The unemployment rate equals the natural

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Answer A When real G...View the full answer

Foundations of Macroeconomics

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