Okun's law shows the __________ relationship between __________ and __________.
A)negative;unemployment gap;economic fluctuations
B)positive;unemployment gap;economic fluctuations
C)negative;unemployment gap;inflation
D)positive;unemployment gap;inflation
E)negative;inflation;economic fluctuations

Question

Quizplus · Accepted Answer

Okun's law describes a negative relationship between the unemployment gap and economic fluctuations, indicating that as economic output increases, unemployment tends to decrease.

Okun's Law Shows the __________ Relationship Between __________ and __________

Okun's Law Shows the Relationship Between and __