Okun's Law states that the ____ decreases about 1 percentage point for every 3% increase in

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Okun's Law states that the ________ decreases about 1 percentage point for every 3% increase in ____

Okun's Law states that the ________ decreases about 1 percentage point for every 3% increase in ________.
A) inflation rate; the unemployment rate
B) inflation rate; GDP
C) GDP; the inflation rate
D) unemployment rate; GDP

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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8 years ago

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