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Melly767 Melly767
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A year ago
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.
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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mavrik8511mavrik8511
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A year ago
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Melly767 Author
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A year ago
Thank you, thank you, thank you!
derya1234
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Yesterday
Brilliant ツ
Turboturner
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2 hours ago
Thanks for your help!!
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