When the unemployment rate _ the natural unemployment rate, real GDP is _ potential GDP and the

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When the unemployment rate _________ the natural unemployment rate, real GDP is _________ potential GDP and the output gap is _________.

A. Exceeds; below; negative

B. Is below; below; negative

C. Exceeds; above; positive

D. Is below; above; negative

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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 02:48 AM

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When the unemployment rate _________ the natural unemployment rate, real GDP is _________ potential GDP and the

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Foundations of Macroeconomics

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