alissiabenner5167 alissiabenner5167

03-01-2020
Social Studies

contestada

Okun’s Law estimates that for every 1 percent increase in unemployment above the natural rate, a GDP gap of ______ percent occurs.
a) one
b) two
c) three
d) four

Respuesta :

DeniceSandidge DeniceSandidge

06-01-2020

Answer:

correct option is b) two

Explanation:

solution

Arthur Okun was born in 1928 and died in 1980

he was professor and economist

Okun's Law is refer to relation between increases in unemployment and decreases in GDP gross domestic product

it state when every 1 % increase increase unemployment above "natural rate " then GDP gross domestic product decrease 2 %

so here correct option is b) two

Answer Link

Otras preguntas

the quotient of 3 and the product of 2 and a number

"World history is the story of human choices that link the to the and influence the

The most negative electron affinity is most likely associated with which type of atoms?

Japan felt disrespected by the treaty of Portsmouth provisions, because

What was the Supreme Courts ruling in bush vs gore and what was the basis for its decision

In the book Anne of Green Gables While being punished for the missing brooch, what does Anne say when Marilla wants her to eat dinner?

One student did an experiment with sea water. The steps of the experiment are shown below. Heat 0.5 liters of sea water in a beaker. Observe the sea water boil

jennifer has 4/5 as many pictures on her camera as luis does Jennifer has 28 pictures on her camera how many pictures do Jennifer and luis have in all

In the United States, before U.S. citizens are allowed to vote in an election, they must: present a driver s license. present proof of home/property ownership o

What remains when 50 p is divided by 8