As the unemployment rate increases,
A) potential GDP decreases.
B) real GDP decreases.
C) both real GDP and potential GDP decrease.
D) potential GDP increases.
E) full employment GDP decreases.
B
Economics
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Refer to Table 2.4. What can be observed about the given resources?
A) Land is fixed but fertilizer is variable. B) Land and fertilizer are both fixed. C) Land is variable but fertilizer is fixed. D) Land and fertilizer are both variable.
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What are the benefits of bankruptcy laws that enable lenders to seize the assets of firms that default on loan contracts?
What will be an ideal response?
Economics