Question: Suppose that actual real GDP in Merryland is $400 billion and its potential GDP is $460 billion. If the natural rate of unemployment is

Suppose that actual real GDP in Merryland is $400 billion and its

Suppose that actual real GDP in Merryland is $400 billion and its potential GDP is $460 billion. If the natural rate of unemployment is 5%, what is its present unemployment rate? Present unemployment rate is 0/0. Enter your response rounded to one decimal place

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