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Suppose the Average Unemployment Rate = 6

Question 124

Multiple Choice

Suppose the average unemployment rate = 6.0 and YN = 5000.According to Okun's law and the textbook's value for "h," what value of Y would bring about an actual unemployment rate of exactly 7.2 percent?


A) 4880
B) 4940
C) 5060
D) 5150
E) 4760

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