This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to Okun's Law, if GDP increased by 6%, the unemployment rate would decrease by (Read 55 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Apr 19, 2019

Question 1

Okun's Law states that the unemployment rate decreases about


◦ 1 percentage point for every 1% increase in GDP.
◦ 3 percentage points for every 1% increase in GDP.
◦ 1 percentage point for every 3% increase in GDP.
◦ 1 percentage point for every 2% increase in GDP.

Question 2

According to Okun's Law, if GDP increased by 6%, the unemployment rate would decrease by


◦ 1 percentage point.
◦ 2 percentage points.
◦ 3 percentage points.
◦ 6 percentage points.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by laurencescou on Apr 19, 2019

lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Apr 19, 2019
Thanks


lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Feedforward control of breathing rate in an animal trained for athletic exercise. Feedforward control of breathing rate in an animal trained for athletic exercise.
Feedback mechanisms of the thyroid gland: (1) stimulus; (2) release of TSH; (3) release of thyroid h Feedback mechanisms of the thyroid gland: (1) stimulus; (2) release of TSH; (3) release of thyroid h
U.S. Unemployment Rates for Emerging Adults (Ages 16-24) U.S. Unemployment Rates for Emerging Adults (Ages 16-24)
A rapidly vibrating needle at idle that becomes steady as engine speed is increased indicates worn ... A rapidly vibrating needle at idle that becomes steady as engine speed is increased indicates worn ...
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ... The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ...
Video: Status Epilepticus

For a complete list of videos, visit our video library