Suppose an economy's natural rate of unemployment is 5 percent.If the unemployment rate is 7 percent,according to Okun's law,
Is:
A)4 percent.
B)-4 percent.
C)2 percent.
D)-2 percent.
E)Not enough information is given.

Question

Suppose an economy's natural rate of unemployment is 5 percent.If the unemployment rate is 7 percent,according to Okun's law, 
Is:
A)4 percent. 
B)-4 percent. 
C)2 percent. 
D)-2 percent. 
E)Not enough information is given.

Quizplus · Accepted Answer

The Answer of Suppose an economy's natural rate of unemployment is 5 percent.If the unemployment rate is 7 percent,according to Okun's law, 
Is:
A)4 percent. 
B)-4 percent. 
C)2 percent. 
D)-2 percent. 
E)Not enough information is given.

Suppose an Economy's Natural Rate of Unemployment Is 5 Percent