The rate of output and planned expenditures for the economy of Timbuktu are shown in the following table: Total Output Planned Aggregate Expenditures (Two-Sector Economy) (Real GDP in billion dollars) (in billions) 5,000 5,250 5,500 5,500 6,000 5,750 6,500 6,000 7,000 6,250 d) If the economy's full employment rate of output is $6.0 trillion, what will happen to the unemployment rate assuming that it will persist into the future?
The rate of output and planned expenditures for the economy of Timbuktu are shown in the following table:
Total Output Planned Aggregate Expenditures (Two-Sector Economy)
(Real
5,000 5,250
5,500 5,500
6,000 5,750
6,500 6,000
7,000 6,250
d) If the economy's full employment rate of output is $6.0 trillion, what will happen to the
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