Okun's Law says that the difference between the unemployment rate and the natural unemployment rate determines

A) potential GDP.
B) real GDP.
C) the real interest rate.
D) the gap between potential GDP and real GDP.
E) the gap between the inflation rate and the unemployment rate.

D

Economics

You might also like to view...

Refer to Figure 3-4. At a price of $20, how many units will be sold?

A) 400 B) 500 C) 600 D) 800

Economics

The interest parity condition can be written as

A) R = R - (Ee - E)/E. B) R = R + (Ee - E)/E. C) R = R2 - (Ee - E)/E. D) R = R /(Ee - E). E) R = R + (Ee + E)/E.

Economics