When Real GDP is above trend but the economy is in a recession, cyclical unemployment is A. This is not possible. If the economy is in a recession Real GDP cannot be above trend. B. positive C. negative D. zero
When Real GDP is above trend but the economy is in a recession, cyclical unemployment is
A. This is not possible. If the economy is in a recession Real GDP cannot be above trend.
B. positive
C. negative
D. zero
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The post When Real GDP is above trend but the economy is in a recession, cyclical unemployment is A. This is not possible. If the economy is in a recession Real GDP cannot be above trend. B. positive C. negative D. zero appeared first on Superb Professors.