When actual real GDP is equal to the natural real GDP, the unemployment rate is
A) zero.
B) at its "natural" rate.
C) accelerating.
D) decelerating.
B
Economics
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Autonomous planned spending is a function of the
A) marginal propensity to consume. B) marginal propensity to save. C) interest rate. D) tax rate.
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If the MRP of labor decreases, labor
a. demand will decrease b. demand will increase c. supply will increase d. supply will decrease e. demand and supply will be unaffected
Economics