Question
If actual Real GDP is greater than potential Real GDP, then the (actual) unemployment rate is Group of answer choices less than the natural unemployment
If actual Real GDP is greater than potential Real GDP, then the (actual) unemployment rate is
Group of answer choices
less than the natural unemployment rate.
equal to the natural unemployment rate.
greater than the natural unemployment rate.
less than or greater than the natural unemployment rate, but we cannot determine which one.
Automatic stabilizers lead to:
Group of answer choices
an increase in taxes collected by the government during an economic expansion.
a decrease in unemployment compensation during a recession.
Congressional action on changing the tax codes.
none of the above
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