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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
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%
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 134 times
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supamansupaman
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Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Every little bit helps, right? Glad I solved your question
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