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We say that we are producing our potential level of GDP when we are operating at our Natural Rate of Unemployment. Using our PPF, where
We say that we are producing our potential level of GDP when we are operating at our Natural Rate of Unemployment. Using our PPF, where will an economy be producing relative to the PPF, if the unemployment rate is equal to the natural rate of unemployment? greater than the natural rate of unemployment? less than the natural rate of unemployment
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