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Business, 24.04.2020 21:01 lacyfigueroa
The version of Okun's law studied in Chapter 10 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:
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The version of Okun's law studied in Chapter 10 assumes that with no change in unemployment, real GD...
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