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Economic Analysis of Social Issues 1st Edition by Alan Grant
النسخة 1الرقم المعياري الدولي: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
النسخة 1الرقم المعياري الدولي: 978-0134098371 تمرين 33
Okun's law says that for every 1-percentage-point in-crease in the cyclical unemployment rate,_______.
A) Real GDP growth will increase by 1 percentage point
B) Real GDP growth will decrease by 2 percentage points
C) The natural rate of unemployment will increase by 2 percentage points
D) The natural rate of unemployment will increase by 0.5 percentage points
A) Real GDP growth will increase by 1 percentage point
B) Real GDP growth will decrease by 2 percentage points
C) The natural rate of unemployment will increase by 2 percentage points
D) The natural rate of unemployment will increase by 0.5 percentage points
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According to the Okun's law, the GDP gro...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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