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If the Average Unemployment Rate = 6

Question 33

Multiple Choice

If the average unemployment rate = 6.0,Y = 4850,and YN = 5030,Okun's law,using the textbook's value for "h," predicts that the unemployment rate is approximately ________ percent.


A) 20.3
B) 7.0
C) 4.6
D) 7.8
E) 6.0

Correct Answer:

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