Suppose that the equilibrium unemployment rate is 5% and that the economy is operating at 97.5% of potential output. Use Okun's law to determine the unemployment rate.

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The Answer of Suppose that the equilibrium unemployment rate is 5% and that the economy is operating at 97.5% of potential output. Use Okun's law to determine the unemployment rate.

Suppose That the Equilibrium Unemployment Rate Is 5% and That