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Author Question: In September 2012 the U.S. unemployment rate was 7.8 percent while the natural unemployment rate was ... (Read 97 times)

krzymel

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on: Jun 29, 2018
In September 2012 the U.S. unemployment rate was 7.8 percent while the natural unemployment rate was 6 percent. The U.S. economy
 
  A) had a negative output gap.
  B) had a positive output gap.
  C) had an output gap of zero.
  D) was at full employment.

Question 2

In the above figure, which point represents an economy which is at the peak part of a business cycle?
 
  A) point F
  B) point G
  C) point I
  D) point K


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Anonymous

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


krzymel

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Reply 2 on: Jun 29, 2018
Excellent

samiel-sayed

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Reply 3 on: Yesterday
Wow, this really help

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