When Real GDP

question 209

Multiple Choice

When real GDP

• A) equals potential GDP, the natural rate of unemployment equals zero.
• B) is above potential GDP, the unemployment rate is above the natural rate.
• C) is above potential GDP, there is less than normal frictional, structural, seasonal unemployment.
• D) is below potential GDP, the unemployment rate is below the natural rate of unemployment.
• E) equals potential GDP, frictional unemployment equals zero.

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Definitions:

Bank Robbery

The criminal act of stealing money or valuables from a bank while it is open and under the threat of violence.

Primary Motivation

The fundamental reason or driving force behind an individual's actions or behavior.

Thrills

A strong feeling of excitement or pleasure derived from potentially risky activities.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.