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Author Question: Cyclical unemployment exists when A) frictional and structural unemployment is zero. B) real ... (Read 126 times)

panfilo

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Cyclical unemployment exists when
 
  A) frictional and structural unemployment is zero.
  B) real national income exceeds potential income.
  C) real GDP exceeds potential GDP.
  D) real GDP is less than potential GDP.

Question 2

In the above figure, a trough is at point ________ and a peak is at point ________.
 
  A) a; b
  B) b; c
  C) b; a
  D) d; c



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dreamfighter72

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Answer to Question 1

D

Answer to Question 2

C




panfilo

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Reply 2 on: Jun 29, 2018
Wow, this really help


kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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