A Negative Output Gap Implies an Unemployment Rate

question 95

Multiple Choice

A negative output gap implies an unemployment rate:

• A)above the natural rate.
• B)below the natural rate.
• C)equal to the natural rate.
• D)that equals the frictional and structural amounts of unemployment.

---

Definitions:

Exhaustion

A state of extreme physical or mental fatigue, usually resulting from prolonged stress or activity.

Blended Family

A family unit composed of partners and their children from current and previous relationships.

Mixed Generation

The coexistence of individuals from different age groups within a specific context, promoting diversity and interaction.

Mixed Generation Family

A family structure that includes members from multiple generations living together or in close contact, such as grandparents, parents, and children.