30 likes | 46 Views
FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br>Which of the following are true of an economy operating below full employment? Check all that apply.<br>The economy is in the peak phase of the business cycle.<br>A teenage worker is more likely to be unemployed than an older worker.<br>Actual real GDP is less than potential real GDP.<br>The economy has an unemployment rate higher than the natural rate of unemployment.<br>
E N D
Which Of The Following Are True Of An tutorialoutlet.com Which of the following are true of an economy operating below full employment? FOR MORE CLASSES VISIT www.tutorialoutlet.com Which of the following are true of an economy operating below full employment? Check all that apply. The economy is in the peak phase of the business cycle. A teenage worker is more likely to be unemployed than an older worker. Actual real GDP is less than potential real GDP. The economy has an unemployment rate higher than the natural rate of unemployment.