menu
Sign up

In Macroland,potential Output Equals $100 Trillion and the Natural Rate

Question 86
Multiple Choice

In Macroland,potential output equals $100 trillion and the natural rate of unemployment is 4 percent.If the actual unemployment rate is 5 percent,then the output gap equals: A)-1 percent. B)-2 percent. C)1 percent. D)2 percent.

Related questions
Q 87
In Macroland,potential output equals $100 trillion and the natural rate of unemployment is 4 percent.If the actual unemployment rate is 3 percent,then the output gap equals: A)-1 percent. B)-2 percent. C)1 percent. D)2 percent.
Q 88
In Macroland,potential output equals $100 trillion and the natural rate of unemployment is 4 percent.If the actual unemployment rate is 5 percent,then real GDP must be: A)$98 trillion. B)$99 trillion. C)$101 trillion. D)$102 trillion.
Q 89
In Macroland,potential output equals $100 trillion and the natural rate of unemployment is 4 percent.If the actual unemployment rate is 3 percent,then real GDP equals: A)$98 trillion. B)$99 trillion. C)$101 trillion. D)$102 trillion.
logo
© 2020-2021 Cozyplus FZ LLC. All rights reserved