If actual GDP is less than potential GDP, then:
A) The actual unemployment rate exceeds the natural unemployment rate.
B) The GDP gap will be negative.
C) The actual unemployment rate is less than the natural unemployment rate.
D) There will be no cyclical unemployment present.

Question

If actual GDP is less than potential GDP, then:
A) The actual unemployment rate exceeds the natural unemployment rate.
B) The GDP gap will be negative.
C) The actual unemployment rate is less than the natural unemployment rate.
D) There will be no cyclical unemployment present.

If actual GDP is less than potential GDP, then:

A) The actual unemployment rate exceeds the natural unemployment rate.

B) The GDP gap will be negative.

C) The actual unemployment rate is less than the natural unemployment rate.

D) There will be no cyclical unemployment present.

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If actual GDP is less than potential GDP, then: A) The actual unemployment rate exceeds the natural unemployment rate. B) The GDP gap will be negative. C) The actual unemployment rate is less than the natural unemployment rate. D) There will be no cyclical unemployment present.