Okun's Law is the _______ relationship between real GDP and the _________.
A) negative; unemployment rate
B) negative; inflation rate
C) positive; unemployment rate
D) positive; inflation rate

Question

Quizplus · Accepted Answer

Okun's Law is a negative relationship between real GDP and the unemployment rate. As the unemployment rate decreases, real GDP increases.

Okun's Law Is the _______ Relationship Between Real GDP and the _________

Okun's Law Is the _ Relationship Between Real GDP and the ___