Solved

Defining U as the Unemployment Rate And uˉ\bar { u }

Question 36

Multiple Choice

Defining u as the unemployment rate and uˉ\bar { u } as the natural rate of unemployment, we can write Okun's law as the following equation:


A) Y~=2×u\tilde { Y } = - 2 \times u
B) Y~=2×(u×uˉ) \tilde { Y } = - 2 \times ( u \times \bar { u } )
C) Y~=2×(uuˉ) \tilde { Y } = 2 \times ( u - \bar { u } )
D) Y~=2×(uˉ×u) \tilde { Y } = - 2 \times ( \bar { u } \times u )
E) Y~=2×(uuˉ) \tilde { Y } = - 2 \times ( u - \bar { u } )

Correct Answer:

verifed

Verified

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

Related Questions