The consequence of a negative GDP gap resulting from unemployment is that a. it requires public policy
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Question:
The consequence of a negative GDP gap resulting from unemployment is that
a. it requires public policy to correct itself.
b. interest rates will fall and lower national savings.
c. what is not produced is lost forever and future economic growth will be less.
d. people will not be able to afford to go to college
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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