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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    Okun's Law States That the ________ Decreases About 1 Percentage
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Okun's Law States That the ________ Decreases About 1 Percentage

Question 204

Question 204

Multiple Choice

Okun's Law states that the ________ decreases about 1 percentage point for every 3% increase in ________.


A) inflation rate; the unemployment rate
B) GDP; the inflation rate
C) unemployment rate; GDP
D) inflation rate; GDP

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