If Okun's Law Is U -

question 35

Multiple Choice

If Okun's law is U - If Okun's law is U - = - 0.5 (Y - ) ,and potential output grows at 2% per year,then a recession that causes output to decrease by one percentage point will cause unemployment to increase by ________. A) 1 percentage point B) 1.5 percentage points C) 2 percentage points D) 3 percentage points E) one-half percentage point
= - 0.5 (Y - If Okun's law is U - = - 0.5 (Y - ) ,and potential output grows at 2% per year,then a recession that causes output to decrease by one percentage point will cause unemployment to increase by ________. A) 1 percentage point B) 1.5 percentage points C) 2 percentage points D) 3 percentage points E) one-half percentage point
) ,and potential output grows at 2% per year,then a recession that causes output to decrease by one percentage point will cause unemployment to increase by ________.

Definitions:

Serous Fluid

A clear, pale yellow bodily fluid that fills the space between the membranes lining internal body cavities and organs.

Vesicle

A small fluid-filled bladder or sac within the body or on its surface, often referring to structures in cell biology or dermatology.

Entropion

A medical condition in which the eyelid folds inward, causing irritation and discomfort due to eyelashes rubbing against the eye.

Ectropion

A medical condition where the lower eyelid turns outward, exposing the inner surface.