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The currently RGDP is $15.1 trillion and the natural RGDP is $15.1 trillion. What is the...

  1. The currently RGDP is $15.1 trillion and the natural RGDP is $15.1 trillion. What is the current unemployment rate? Answer this question using Keynesian economics.  Choose the most accurate answer.
    1. 0.0%
    2. Less than 4.5%
    3. Less than or equal to 4.5%
    4. 4.5%

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Answer #1

"C"

As per several studies and journals released in the US, the natural rate of unemployment rate in the US is considered to be about 4.1 to 4.7%, the answer is "C" less than or equal to 4.5%, As the potential and current GDP is the same the economy will be experiencing natural rate of unemployment.

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