Potential *Real GDP = $200* Billion
Natural Rate of *Unemployment = 6* Percent
Actual Rate of *Unemployment = 12* Percent
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*
A. $12 billion.
B. $15 billion.
C. $18 billion.
D. $24 billion.
