Which of the Following Statements Is Likely to Be True

question 114

Multiple Choice

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

• A) The unemployment rate remains constant when the growth rate of real GDP is 0 percent.
• B) The unemployment rate remains constant when the growth rate of real GDP is 2 percent.
• C) The unemployment rate declines when the growth rate of real GDP is below 2 percent.
• D) The unemployment rate is zero when the growth rate of real GDP is exactly 1 percent.

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Definitions:

Wechsler Tests

A set of standardized tests used to assess the intelligence and cognitive abilities of children and adults, developed by David Wechsler.

WISC-IV

The Wechsler Intelligence Scale for Children, Fourth Edition, a comprehensive cognitive assessment tool for children.

WAIS-IV

The Wechsler Adult Intelligence Scale-Fourth Edition, a comprehensive test designed to measure cognitive ability in adults.