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Other Fields Homework Help Economics Topic started by: NYC on Jan 12, 2016



Title: Although the relationship between output and the unemployment rate is not as simple as Okun's Law re
Post by: NYC on Jan 12, 2016
Although the relationship between output and the unemployment rate is not as simple as Okun's Law represents it to be, it is true that a 1% ________ tends to correspond to a less than 1% ________.
A) increase in unemployment; increase in output
B) increase in output; decrease in the unemployment rate
C) increase in output; increase in the unemployment rate
D) increase in unemployment;decrease in output


Title: Re: Although the relationship between output and the unemployment rate is not as simple as Okun's La
Post by: Jesslyn on Jan 26, 2016
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Title: Re: Although the relationship between output and the unemployment rate is not as simple as Okun's Law re
Post by: NYC on Jan 28, 2016
Thanks for answering :)