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What happens when real GDP is higher than natural real GDP? Group of answer choices Unemployment is equal to the natural rate of unemployment. Trick
What happens when real GDP is higher than natural real GDP? Group of answer choices Unemployment is equal to the natural rate of unemployment. Trick question - real GDP is never higher than natural real GDP. Unemployment is lower than the natural rate of unemployment. Unemployment is higher than the natural rate of unemployment
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
