Mathematics, 27.01.2021 14:00 mrashrafkotkaat

According to Okun's law, if the unemployment rate goes from 7% to 4%, what will be the effect on the GDP?
A. It will increase by 9%.
B. It will increase by 3%.
C. It will decrease by 9%.
D. It will decrease by 3%.

Answers: 3

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According to Okun's law, if the unemployment rate goes from 7% to 4%, what will be the effect on th...