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Business, 03.09.2019 20:30 mervindavisk

The version of okun's law studied in chapter 9 assumes that, with no change in unemployment, real gdp normally grows by 3 percent over a year. if the unemployment rate rose by 2 percentage points over a year, okun's law predicts that real gdp would: a. decrease by 1 percent. b. decrease by 2 percent. c. decrease by 3 percent. d. increase by 1 percent.

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The version of okun's law studied in chapter 9 assumes that, with no change in unemployment, real gd...
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