Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Melly767 on Nov 23, 2022



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