From 1989 to 1992, the output ratio fell by 4 percent while the unemployment rate rose by 1.44 ...

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From 1989 to 1992, the output ratio fell by 4 percent while the unemployment rate rose by 1.44 ...

From 1989 to 1992, the output ratio fell by 4 percent while the unemployment rate rose by 1.44 percentage points. This implies an Okun's law coefficient of
A) 2.60
B) 0.36
C) 2.40
D) 5.40
E) 0.059

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Macroeconomics

Edition: 12^th

Author: Gordon

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