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Author Question: The rate of unemployment that occurs when the economy is producing its potential GDP _____. a. is ... (Read 50 times)

sam.t96

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  • Posts: 570
on: Jun 30, 2018
The rate of unemployment that occurs when the economy is producing its potential GDP _____.
 a. is called the natural rate of unemployment
 b. is zero
 c. is thought to be approximately 10
 d. can be kept at zero through fiscal policy
 e. is equal to the rate of stagflation in most years

Question 2

A monopoly is a sole ____, and a monopsonist is a sole ____.
 a. buyer in a product market; seller in a product market
  b. seller in a product market; seller in a labor market
  c. buyer in a product market; seller in a labor market
  d. seller in a product market; buyer in a labor market
  e. seller in a labor market; buyer in a product market


beccamahon

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  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


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