According to the IMF,in 1994,Canada's output gap was - 4.6% of potential output.In the same year,the unemployment rate was 10.3%.Okun's law implies that,in 1994,Canada's natural rate of unemployment was

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Okun's law suggests a relationship between the output gap and unemployment. A negative output gap of -4.6% implies higher unemployment than the natural rate. Given the unemployment rate of 10.3%, and assuming Okun's coefficient is around 2, the natural rate would be approximately 8%.

According to the IMF,in 1994,Canada's Output Gap Was - 4