Unemployment is at the natural rate when output equals potential output - PowerPoint PPT Presentation

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Unemployment is at the natural rate when output equals potential output

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"FOR MORE CLASSES VISIT www.tutorialoutlet.com 1. Which of the following is not true? Unemployment is at the natural rate when output equals potential output, and workers are working at normal intensity." – PowerPoint PPT presentation

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Title: Unemployment is at the natural rate when output equals potential output


1
UNEMPLOYMENT IS AT THE NATURAL RATE WHEN OUTPUT
EQUALS POTENTIAL OUTPUTTUTORIALOUTLET.COM
2
Unemployment is at the natural rate when output
equals potential output
  • FOR MORE CLASSES VISIT
  • www.tutorialoutlet.com
  • Which of the following is not true?(a)Unemploymen
    t is at the natural rate when output equals
    potential output, and workers are workingat
    normal intensity.(b) The output gap is the
    percentage difference between actual and
    potential outputOutput gap ? (Y-Y)/Y,
    Where Y refers to potential output, and Y refers
    to actual output

3
UNEMPLOYMENT IS AT THE NATURAL RATE WHEN OUTPUT
EQUALS POTENTIAL OUTPUTTUTORIALOUTLET.COM
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