Question: please answer Attempts Keep the Highest 0 / 2 6. The GDP gap and unemployment Suppose that an economy has an actual real GDP of

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please answer Attempts Keep the Highest 0 / 2 6. The GDP

Attempts Keep the Highest 0 / 2 6. The GDP gap and unemployment Suppose that an economy has an actual real GDP of $700 billion and a potential GDP of $725 billion, The cost of cyclical unemployment in this economy is $ billion. This economy currently has an unemployment rate of 7%, If GDP were at the full-employment level, the unemployment rate would be

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