Question
The consequence of a negative GDP gap resulting from unemployment is that a. it requires public policy to correct itself. b. interest rates will fall
The consequence of a negative GDP gap resulting from unemployment is that
a. it requires public policy to correct itself.
b. interest rates will fall and lower national savings.
c. what is not produced is lost forever and future economic growth will be less.
d. people will not be able to afford to go to college
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Economics
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
18th edition
978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694
