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NinjaRick NinjaRick
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A year ago
Which of the following statements is likely to be TRUE according to Okun's Law?

▸ The unemployment rate is zero when the growth rate of real GDP is exactly 1 percent.

▸ The unemployment rate remains constant when the growth rate of real GDP is 2 percent.

▸ The unemployment rate declines when the growth rate of real GDP is below 2 percent.

▸ The unemployment rate remains constant when the growth rate of real GDP is 0 percent.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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prospectjayprospectjay
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A year ago
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NinjaRick Author
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A year ago
Thank you, thank you, thank you!
njn;l
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Yesterday
This helped my grade so much Perfect
kiara23247843
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2 hours ago
Thanks for your help!!
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