New solution: Choose the term that best fits the definition. On separate paper, write
Chapter 15, Problem 2(choose chapter or problem)
Choose the term that best fits the definition. On separate paper, write the letter of the answer._____ 2. The unemployment rate when the economy is producing its potential level of outputa. annually balanced budget b. automatic stabilizers c. classical economists d. crowding in e. crowding out f. decision-making lag g. discretionary fiscal policy h. effectiveness lag i. implementation lag j. multiplier effect k. natural rate of unemployment l. potential output m. recognition lag
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