If the unemployment rate is less than the natural unemployment rate, then
A) there is no frictional unemployment.
B) cyclical unemployment is greater than zero.
C) real GDP is less than potential GDP.
D) real GDP is greater than potential GDP.
E) frictional unemployment is negative.
D
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Which of the following decreases U.S. aggregate demand?
a. a lower price level, increasing citizen's real wealth b. a lower price level, reducing interest rates c. a lower price level, increasing exports and decreasing imports d. None of the above decrease U.S. aggregate demand.
The key difference between a forward and a futures contract is:
A. a forward contract is bought and sold on organized exchanges. B. a forward contract is customized where a futures contract is not. C. only the forward contracts have settlement dates. D. the amount of time involved.