If the Average Unemployment Rate = 6

question 95

Multiple Choice

If the average unemployment rate = 6.0,Y = 5200,and YN = 5030,Okun's law,using the textbook's value for "h," predicts that the unemployment rate is approximately ________ percent.

• A)7.4
• B)6.4
• C)4.3
• D)5.6
• E)5.0

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Definitions:

Job Resources

Various physical, psychological, social, or organizational aspects of a job that can help achieve work goals, reduce job demands, and stimulate personal growth.

Job Demands

The physical, psychological, social, or organizational aspects of a job that require sustained physical or mental effort.

Growth Need Strength

An individual's desire for personal development, particularly in the context of their professional life or work environment.

Moderating Variable

A variable that affects the nature of the relationship between an independent and a dependent variable such that the relationship depends on the level of the moderating variable.