34. The natural unemployment rate for a country is 6%. If the country's potential GDP is $5000 andGDPcurrent unemployment rate)is current(A) $5500.00(B) 56000.1254(C) 54895.83 3 repeats)(D) 55106 383(E) None of the above

Answer; 34) Option (e) None of the above is correct

34. The natural unemployment rate for a country is 6%. If the country's potential GDP is 55000 and current semployment rate is 4% is current acal GDP is (A) $5500.00 (H) 56000.1254 (C) 54895.83 3 repeats) (D) 55106 383 (E) None of the above

34. The natural unemployment rate for a country is 6%. If the country's potential GDP is 55000 and current semployment rate is 4% is current acal GDP is (A) $5500.00 (H) 56000.1254 (C) 54895.83 3 repeats) (D) 55106 383 (E) None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

34. The natural unemployment rate for a country is 6%. If the country's potential GDP is $5000 and
GDP
current unemployment rate)
is current
(A) $5500.00
(B) 56000.1254
(C) 54895.83 3 repeats)
(D) 55106 383
(E) None of the above

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