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Title: Assuming that the growth rate of full-employment output is 3%, and that the actual unemployment rate
Post by: johnpaul92 on Jan 30, 2016
Assuming that the growth rate of full-employment output is 3%, and that the actual unemployment rate fell 2 percentage points in the last year, Okun's Law predicts that output growth rate over the past year was
A) 5%
B) 7%
C) -1%
D) 3%


Title: Re: Assuming that the growth rate of full-employment output is 3%, and that the actual unemployment
Post by: supaman on Feb 4, 2016
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Title: Re: Assuming that the growth rate of full-employment output is 3%, and that the actual unemployment rate
Post by: johnpaul92 on Feb 13, 2016
This is incredible, wasn't expecting anyone to answer this one


Title: Re: Assuming that the growth rate of full-employment output is 3%, and that the actual unemployment rate
Post by: supaman on Feb 14, 2016
Every little bit helps, right? Glad I solved your question