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 114 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?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d
Factors influencing pulse rate Factors influencing pulse rate
Increased risk of trisomy with maternal age. Increased risk of trisomy with maternal age.
U.S. Unemployment Rates for Emerging Adults (Ages 16-24) U.S. Unemployment Rates for Emerging Adults (Ages 16-24)
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: HDL (high density lipoprotein)

For a complete list of videos, visit our video library