Which of the Following Statements Is True According to Okun's

question 108

Multiple Choice

Which of the following statements is true according to Okun's Law?

• A) The unemployment rate tends to decrease when the growth rate of real GDP is high.
• B) The unemployment rate tends to increase when the rate of inflation is high.
• C) The unemployment rate tends to increase when the growth rate of real GDP is high.
• D) The unemployment rate is unaffected by changes in the growth rate of real GDP if there is stagflation.

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Definitions:

Shaping

A process in behavioral psychology where successive approximations of a desired behavior are reinforced until the exact behavior is achieved.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

An educational method happening when there's a link established between a stimulus found in the environment and one that naturally happens.

TV

A widely used electronic device that receives sound and visual images, transmitting them to viewers and serving both entertainment and educational purposes.