Mathematics, 01.07.2021 07:50 alexandra2442

According to Okun's law, if the unemployment rate goes from 5% to 3%, what will be the effect on the GDP? A. It will increase by 7%.
B. It will decrease by 7%.
C. It will decrease by 1%.
D. It will increase by 1%.

Answers: 2

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According to Okun's law, if the unemployment rate goes from 5% to 3%, what will be the effect on the...

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According to Okun's law, if the unemployment rate goes from 5% to 3%, what will be the effect on the GDP? A. It will increase by 7%. B. It will decrease by 7%. C. It will decrease by 1%. D. It will increase by 1%.

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Another question on Mathematics

According to Okun's law, if the unemployment rate goes from 5% to 3%, what will be the effect on the GDP? A. It will increase by 7%.
B. It will decrease by 7%.
C. It will decrease by 1%.
D. It will increase by 1%.