Okun's law looks at the relationship between:
A)inflation and unemployment
B)inflation and real GDP
C)incentives and productivity
D)real GDP fluctuations and unemployment

Question

Quizplus · Accepted Answer

Okun's law examines the relationship between fluctuations in real GDP and the rate of unemployment. It suggests that when real GDP growth is above the trend rate, unemployment tends to fall, and when real GDP growth is below the trend rate, unemployment tends to rise.

Okun's Law Looks at the Relationship Between