The Okun's Law Is an Empirical Relation Which States That

question 57

Multiple Choice

The Okun's law is an empirical relation which states that:

• A) if output growth is low, unemployment will decrease.
• B) if output level is low, unemployment will increase.
• C) if output growth is low, unemployment will increase.
• D) if output growth is high, unemployment will increase.
• E) if output level is high, unemployment will decrease.

---

Definitions:

Observational Learning

Learning that occurs by observing and imitating the behaviors of others.

Observational Learning

Learning that occurs through observing the behaviors of others and the outcomes of those behaviors.

Bandura

Albert Bandura was a psychologist renowned for his work on social learning theory, suggesting that people can learn through observation, imitation, and modeling.

Toilet Train

The method of training a toddler to urinate and defecate in the toilet.