According to Okun's Law,when Cyclical Unemployment Decreases by One Percentage

question 157

Multiple Choice

According to Okun's law,when cyclical unemployment decreases by one percentage point,the output gap _______ by ________ percentage point(s) ,measured in relation to potential output.

• A) increases;one
• B) increases;two
• C) decreases;one
• D) decreases;two
• E) decreases;three

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Definitions:

Extracellular Fluid

The fluid existing outside the cells, providing a medium for transporting nutrients, oxygen, and waste products to and from the cells.

Plasma Membrane

The lipid bilayer that encloses the cytoplasm of a cell, controlling the movement of substances in and out of the cell.

Selectively Permeable

A property of cell membranes that allows some substances to pass through while blocking others.

Intracellular Fluid

The liquid found inside the cells of the body, constituting about two-thirds of the total body water and playing a key role in cellular function and metabolism.