Solved

Which of the Following Is Not a Reason That Okun's

Question 57

Multiple Choice

Which of the following is not a reason that Okun's Law coefficient is greater than one?


A) technological change occurs.
B) the unemployment rate does not count discouraged workers.
C) average hours of work per week increase as the economy comes out of a recession.
D) when business returns to normal, firms initially ask existing employees to work longer hours.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions