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Real GDP Time Above is a diagram of the business cycle. Which of the following is most true when there is a negative output gap?
Real GDP Time Above is a diagram of the business cycle. Which of the following is most true when there is a negative output gap? O The cyclical unemployment rate is positive. O The frictional and structural unemployment rates are negative. O The unemployment rate is 0%. O The structural unemployment rate is negative. O There is no frictional unemployment
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