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 12%, the unemployment rate would decrease by (Read 108 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Apr 19, 2019

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.
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 Pineappleeh on Apr 19, 2019

zoeyesther

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


Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Apr 19, 2019
Excellent

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

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.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere Water potentials decrease (become more negative) as one moves from soil to plant to atmosphere
The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
The proportion of obese and extremely obese adults in the United States has increased over the past The proportion of obese and extremely obese adults in the United States has increased over the past
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ... Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ...
Outgroup role in relative rate test Outgroup role in relative rate test
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library