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Author Question: The theory that the unemployment rate decreases about 1% for every 3% increase in real GDP is (Read 103 times)

Deast7027

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on: Apr 19, 2019

Question 1

If Okun's Law holds true, then a 3% increase in GDP would lead to a ________ percentage point decrease in the unemployment rate.


◦ 9
◦ 6
◦ 3
◦ 1

Question 2

The theory that the unemployment rate decreases about 1% for every 3% increase in real GDP is


◦ Ockham's razor.
◦ Say's law.
◦ Okun's law.
◦ the Laffer postulate.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Deast7027 on Apr 19, 2019

kishoreddi

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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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Deast7027

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Reply #2 on: Apr 19, 2019
Excellent


kishoreddi

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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