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Analysts in your consulting firm concluded that the current rate of unemployment is equal to the equilibrium rate, which leads you to conclude that: Question
Analysts in your consulting firm concluded that the current rate of unemployment is equal to the equilibrium rate, which leads you to conclude that: Question 3 options: a) actual GDP is equal to potential GDP. b) the economy is in recession. c) actual GDP is less than potential GDP. d) actual GDP is greater than potential GDP
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
