If the Natural Unemployment Rate Is 5 Per Cent and the Actual

question 8

Multiple Choice

If the natural unemployment rate is 5 per cent and the actual unemployment rate is 3 per cent,then Okun's Law concludes that real GDP is

• A)4 per cent less than potential GDP.
• B)2 per cent greater than potential GDP.
• C)2 per cent less than potential GDP.
• D)4 per cent greater than potential GDP.
• E)3 per cent greater than potential GDP.

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Definitions:

Autism Spectrum Disorder

A range of neurodevelopmental conditions characterized by challenges with social skills, repetitive behaviors, and communication, both verbal and non-verbal.

Clinical Features

The observable and measurable symptoms and signs of a particular disease or condition, assisting in diagnosis and treatment.

Intellectual Disability

A condition characterized by significant limitations both in intellectual functioning and in adaptive behavior, originating before the age of 18.