Which of the following situations would indicate that the economy is below its potential

Chapter 15, Problem 28

(choose chapter or problem)

Which of the following situations would indicate that the economy is below its potential output? a. Many workers have been laid off because of a decline in sales. b. A large number of construction workers are unemployed each February. c. In June, many graduating students spend several months looking for a job. d. There are many people who need to be trained to qualify for job openings.

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