In which of the following relationships does the intercept have a real-world interpretation?
A)the relationship between the change in the unemployment rate and the growth rate of real GDP ("Okun's Law")
B)the demand for coffee and its price
C)test scores and class-size
D)weight and height of individuals

Question

Quizplus · Accepted Answer

The intercept in Okun's Law represents the natural rate of unemployment, which is the level of unemployment that exists even when the economy is at full employment.

In Which of the Following Relationships Does the Intercept Have