Answered: A decrease in unemployment (is/is not)…

A decrease in unemployment (is/is not) a contributing factor to increasing real GDP because unemployment (can/cannot) easily fall below its full employment level for any length of time.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter24: The Aggregate Demand/aggregate Supply Model

Section: Chapter Questions

Problem 51CTQ: Suppose the level of structural unemployment increases. How would you illustrate the increase in...

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Question

A decrease in unemployment
(is/is not) a
contributing factor to increasing real GDP because
unemployment
(can/cannot) easily fall
below its full employment level for any length of time.

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