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Macroeconomic Read Eye on Full Employment in the eText or click on Output gap (percentage of potential GDP) the icon i to open a copy.

Macroeconomic

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Read Eye on Full Employment in the eText or click on Output gap (percentage of potential GDP) the icon i to open a copy. Then answer the following questions. In which year, 2010 or 2019, was real GDP below potential GDP? Real GDP was below potential GDP in because the Z-Pop ratio shows that O A. 2010; the unemployment rate exceeds the natural unemployment rate -5 ... ..... ..............ME O B. 2019; there is an overutilization of the labor force 1981-1982 1990-1991 2001 20 O C. 2010; less than 90 percent of the working-age recession recession recession population is fully utilized -10 . 1980 1985 1990 1995 2000 2005 2010 O D. 2019; the amount of labor at full employment is increasing Using the information in the attached graph, in which year, 2010 or 2019, was real GDP below potential GDP? Real GDP is below potential GDP in because the output gap is O A. 2019; positive O B. 2010; positive O C. 2019; negative

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