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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
According to Okun's law, if output grew 7% and full-employment output rose 5%, what would be the change in the unemployment rate?
A) 1 percentage point
B) 4 percentage points
C) -4 percentage points
D) -1 percentage point
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Glad to be part of your success Wink Face
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#4
3 years ago
thankyou !
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