Multiple Choice
According to Okun's law, if growth in actual GDP exceeds growth in potential GDP:
A) unemployment rates will increase
B) employment will fall
C) the natural unemployment rate will increase
D) the unemployment rate will fall
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The aggregate supply curve is:<br>A) upward sloping
Q2: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10399/.jpg" alt=" -Refer to Figure
Q4: A fall in the Canadian price level
Q5: The aggregate supply curve is vertical when
Q6: The elimination of an inflationary gap through
Q7: An economy's AD function is Y =
Q8: The interest-rate effect is one of the
Q9: An AD curve is:<br>A) vertical if full
Q10: Table 5.4: The following aggregate demand and
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10399/.jpg" alt=" -Refer to Figure