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When Real GDP equals Potential GDP (Y = Y*), the unemployment rate is Question content area bottom Part 1 A. less than the NAIRU. B.
When Real GDP equals Potential GDP (Y = Y*), the unemployment rate is Question content area bottom Part 1 A. less than the NAIRU. B. some amount of frictional and structural unemployment. C. equal to zero. D. fluctuates around the NAIRU. E. greater than the NAIRU
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
