The Okun's law is an empirical relation which states that:
A) if output growth is low, unemployment will decrease.
B) if output level is low, unemployment will increase.
C) if output growth is low, unemployment will increase.
D) if output growth is high, unemployment will increase.
E) if output level is high, unemployment will decrease.

Question

Quizplus · Accepted Answer

The Answer is C

The Okun's Law Is an Empirical Relation Which States That