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Mathematics, 10.04.2020 20:24 yeehaw777

According to Okun's law, if the unemployment rate goes from 4% to 6%, what will be the effect on the GDP?

A. It will increase by 7%.

B. It will increase by 1%.

C. It will decrease by 1%.

D. It will decrease by 7%.

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Answers: 2

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