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Suppose that the government is successful in in keeping its real GDP at its potential GDP in 2019. State whether each of the following macroeconomic
Suppose that the government is successful in in keeping its real GDP at its potential GDP in 2019. State whether each of the following macroeconomic variables will be higher or lower if the government had taken no action.(4 marks)
i)Real GDP
ii)Potential GDP
iii)The inflation rate
iv)The unemployment rate
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