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    Exam 24: Short-Term Economic Fluctuations: An Introduction
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    According to Okun's Law, When the Output Gap Is Positive
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According to Okun's Law, When the Output Gap Is Positive

Question 74

Question 74

Multiple Choice

According to Okun's law, when the output gap is positive, cyclical unemployment:


A) equals structural unemployment.
B) equals frictional unemployment.
C) equals zero.
D) is negative.

Correct Answer:

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