When the economy is in equilibrium, there will be no unemployment

Indicate whether the statement is true or false

F

Economics

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The natural rate of unemployment is the rate that exists when the economy is producing at potential GDP

Indicate whether the statement is true or false

Economics

Based on the table "Real and Nominal GDP," if year one is the base year, then the GDP deflator for year two is ________

A) 95.5 B) 123.5 C) 118 D) 104.7 E) 116.6

Economics