Homework answers / question archive /  Potential Real GDP                       $600 billion Natural Rate of Unemployment      6% Actual Rate of Unemployment        12%   Refer to the accompanying data, which is for a specific year In a hypothetical economy for which Okun's law is applicable The amount of output being forgone by the economy is  Multiple Choice : a)  $72 billion b)  $36 billion c)  $618 billion   

 Potential Real GDP                       $600 billion Natural Rate of Unemployment      6% Actual Rate of Unemployment        12%   Refer to the accompanying data, which is for a specific year In a hypothetical economy for which Okun's law is applicable The amount of output being forgone by the economy is  Multiple Choice : a)  $72 billion b)  $36 billion c)  $618 billion   

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 Potential Real GDP                       $600 billion

Natural Rate of Unemployment      6%

Actual Rate of Unemployment        12%  
Refer to the accompanying data, which is for a specific year In a hypothetical economy for which Okun's law is applicable The amount of output being forgone by the economy is 
Multiple Choice :

a)  $72 billion

b)  $36 billion

c)  $618 billion