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Title: Which of the following statements is TRUE according to Okun's Law? Post by: Melly767 on Nov 23, 2022 Which of the following statements is TRUE according to Okun's Law?
▸ The unemployment rate is unaffected by changes in the growth rate of real GDP if there is stagflation. ▸ The unemployment rate tends to increase when the growth rate of real GDP is high. ▸ The unemployment rate tends to decrease when the growth rate of real GDP is high. ▸ The unemployment rate tends to increase when the rate of inflation is high. Title: Which of the following statements is TRUE according to Okun's Law? Post by: mavrik8511 on Nov 23, 2022 Content hidden
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