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

Author Question: What is Okun's Law? What will be an ideal response?[br][br][b][color=#7BCCB5]Question ... (Read 28 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
What is Okun's Law?
 
  What will be an ideal response?

Question 2

Refer to Figure 1A.1. Assume that the graph in this figure represents the demand and supply curves for women's clothing. An increase in the wage rate for seamstresses would be represented by a shift from
 
  A) Demand 1 to Demand 2.
  B) Demand 2 to Demand 1.
  C) Supply 1 to Supply 2.
  D) Supply 2 to Supply 1.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lgoldst9

  • Sr. Member
  • ****
  • Posts: 372
Reply #1 on: Jun 29, 2018
Answer to Question 1

Okun's Law says that for each percentage point that the unemployment rate is above the natural unemployment rate, there is a 2 percent gap between real GDP and potential GDP.

Answer to Question 2

D


sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Gracias!

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

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?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Color-enhanced CT scan showing two malignant tumors in the brain. Color-enhanced CT scan showing two malignant tumors in the brain.
Allergic response by allergens. Allergic response by allergens.
Cultures Ideal Body Types Cultures Ideal Body Types
The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ... The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ...
Probability Question Probability Question
economic question economic question
Video: Replication of DNA and Chromosomes/ How do cells replicate their DNA? (Animation) no Audio

For a complete list of videos, visit our video library