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13-10-2022
Business

Answered

For every 1% increase in unemployment, there
is a 2% decrease in potential GDP. This creates
a GDP gap. What is the GDP gap when there is
4% unemployment?
A. 12%
3. 3%
C. 8%

For every 1 increase in unemployment there is a 2 decrease in potential GDP This creates a GDP gap What is the GDP gap when there is 4 unemployment A 12 3 3 C 8 class=

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