Okun's Law Refers to

Multiple Choice

Okun's law refers to

A) The tendency for recessions in the USA to spread throughout the world
B) The generally stable negative relationship between the output gap and deviations of unemployment from the natural rate
C) The generally stable positive relationship between the output gap and deviations of unemployment from the natural rate
D) The tendency for business cycle volatility to fall over time
E) The negative relationship between unemployment and job vacancies