Multiple Choice
According to Okun's Law,if the natural rate of unemployment is 5% and the actual unemployment rate is 4%,what is the level of full-employment output if output equals $10,125 billion?
A) $10,328 billion
B) $10,226 billion
C) $10,025 billion
D) $9926 billion
Correct Answer:
Verified
Correct Answer:
Verified
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