If the natural unemployment rate is 5 percent and the actual unemployment is 3 percent, then Okun's Law concludes that real GDP is
A) 2 percent greater than potential GDP.
B) 4 percent less than potential GDP.
C) 3 percent greater than potential GDP.
D) 4 percent greater than potential GDP.
E) 2 percent less than potential GDP.
Question 2
Suppose that there is an increase in disposable income and simultaneously an increase in the expected profitability of investment. As a result, the equilibrium real interest rate ________ and the equilibrium quantity of loanable funds ________.
A) remains unchanged; increases
B) rises; increases
C) might rise, fall, or remain unchanged; increases
D) falls; increases
E) might rise, fall, or remain unchanged; decreases
Primary production is positively correlated with the evapotranspiration rate.
Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an
Action! Children love to talk about the actions of adults and animals, which provides a natural way ...
Static Stability & Environmental Lapse Rate
How to transform the natural logarithmic function (lnx)
The consequences of the intensity of natural selection on allele frequency.