werdftgyhujhhg7699 werdftgyhujhhg7699
  • 02-08-2019
  • Social Studies
contestada

1. Okun's law is the ______ relationship between real GDP and the ______. a. negative; unemployment rate b. negative; inflation rate c. positive; unemployment rate d. positive; inflation rate

Respuesta :

yungsherman
yungsherman yungsherman
  • 02-08-2019

Answer:

a. negative; unemployment rate

Explanation:

Okun's law pertains to the relationship between the U.S. economy's unemployment rate and its gross national product (GNP). It states that when unemployment falls by 1%, GNP rises by 3%.  Therefore their relationship is negative.

Answer Link

Otras preguntas

Why is man a special creature? What two worlds does he share in?
1. Compare the location of electrons in an atom based on Bohr's theory with the location of electrons in an atom based on the current atomic theory. 2. Rutherf
What phylum has animals with soft bodies, and most of them have shell-like coverings?
What builds proteins in a cell?
why are quebec and ontario known as canadas economic heart
what is the main functions of lipids?
If a fair quarter is flipped 3 times . What is the probability of getting exactly three heads? round to the neast thoudsands.
Using the laws of indices, simplify the following:- √h × √h³ =
If a fair quarter is flipped 3 times . What is the probability of getting exactly three heads? round to the neast thoudsands.
when you flick a coin so that it slides across a table, it slows down. what is the name of the force that slows it down