A country reports potential GDP of $10.0 trillion and a natural unemployment rate of 5 percent.Based on these data, use Okun's law to complete the table below.
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Q167: Define the short-run Phillips curve.
Q181: The natural unemployment rate is 4 percent
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Q188: Potential GDP is $5,000 billion and
Q189: What is Okun's Law?
Q190: Suppose the natural unemployment rate is 4
Q351: "The long-run Phillips curve is downward sloping."
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