Which of the Following Is NOT a Reason Given by Economists

question 69

Multiple Choice

Which of the following is NOT a reason given by economists for the failure of Okun's law to account for the rise in unemployment during the recession of 2007-2009?

• A) increased willingness among firms to lay off workers during recessions
• B) a surge in productivity during the recession
• C) the unusual severity of the recession
• D) It does not take into account the effect of the stimulus.

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Definitions:

Professional Golfers' Association

An organization for professional golf players, which organizes major tournaments and promotes the sport globally.

Iron Byron

A mechanical device used to test and simulate the human swing in the sport of golf.

ANOVA

Short for Analysis of Variance, a statistical method used to compare the means of three or more samples to understand if at least one sample mean significantly differs from the others.

MST

Minimum Spanning Tree, a concept in graph theory representing the subset of edges that connects all vertices in a graph with the minimum possible total edge weight.