According to Okun's Law, if the unemployment rate is 7 percent and the natural unemployment rate is 5 percent, potential GDP is ________ than real GDP
A) 2 percent greater
B) 7 percent less
C) 2 percent less
D) 4 percent less
E) 4 percent greater
D
Economics
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Information that is not available to the general public about what is happening in a corporation is
A) opportunity benefit. B) limited liability. C) economic rent. D) inside information.
Economics
The Malthusian prospect of starvation of the population could be prevented by: a. increasing the amount of land available for agriculture
b. investing in research and development of new technologies. c. expanding food production on available land. d. all of the above
Economics