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Author Question: Cyclical unemployment exists when A) frictional and structural unemployment is zero. B) real ... (Read 144 times)

panfilo

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

D

Answer to Question 2

C


panfilo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

jackie

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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