A countrys current unemployment rate is 11 percent. Economists estimate that its natural rate of unemployment is

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A country’s current unemployment rate is 11 percent.

Economists estimate that its natural rate of unemployment is 6 percent. About how large is this economy’s negative GDP gap? LO9.2

a. 1 percent.

b. 3 percent.

c. 6 percent.

d. 10 percent.

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