Solved

Okun's Law Says That the Difference Between the Unemployment Rate

Question 25

Multiple Choice

Okun's Law says that the difference between the unemployment rate and the natural unemployment rate determines


A) potential GDP.
B) real GDP.
C) the gap between potential GDP and real GDP.
D) the gap between the inflation rate and the unemployment rate.
E) the real interest rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents