If the nagative GDP gap is equal to 2% of the potential GDP , what is the cyclicle unemployment rate ? (a) 2% (b) 1% (c) 1.5% (d) 4%

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Chapter17: Inflation
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If the nagative GDP gap is equal to 2% of the potential GDP , what is the cyclicle unemployment rate ?

(a) 2%

(b) 1%

(c) 1.5%

(d) 4%

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