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Author Question: According to Okun's Law, if GDP increased by 6%, the unemployment rate would decrease by (Read 167 times)

laurencescou

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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
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Marked as best answer by laurencescou on Apr 19, 2019

lgoldst9

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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.
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laurencescou

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Reply #2 on: Apr 19, 2019
Thanks


lgoldst9

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Reply #3 on: Apr 19, 2019
Welcome :)


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