This topic contains a solution. Click here to go to the answer

Author Question: According to Okun's Law, if GDP increased by 12%, the unemployment rate would decrease by (Read 54 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585

Question 1

Okun's Law states that the ________ decreases about 1 percentage point for every 3% increase in ________.


◦ inflation rate; the unemployment rate
◦ GDP; the inflation rate
◦ unemployment rate; GDP
◦ inflation rate; GDP

Question 2

According to Okun's Law, if GDP increased by 12%, the unemployment rate would decrease by


◦ 2 percentage point.
◦ 3 percentage points.
◦ 4 percentage points.
◦ 6 percentage points.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
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




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Apr 19, 2019
Wow, this really help


epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

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

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library