Okun's law states that the government may temporarily suspends citizens' rights during periods of hyperinflation in an attempt to maintain security and stablity. a change in the output gap occurs with a change in the rate of unemployment that is smaller in magnitude and in the opposite direction. a change in the output gap occurs with a change in the rate of unemployment that is larger in magnitude and in the opposite direction. inflation causes a decrease in the value of money held by the public. Which is a prediction consistent with Okun's law
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Okun's law states that the government may temporarily suspends citizens' rights during periods of hy...
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