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    Exam 9: An Introduction to the Short Run
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    Defining U as the Unemployment Rate And\(\bar { u }\)
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Defining U as the Unemployment Rate And uˉ\bar { u }uˉ

Question 100

Question 100

True/False

Defining u as the unemployment rate and uˉ\bar { u }uˉ as the natural rate of unemployment, Okun's law is given by Y~=2×(u−uˉ)\tilde { Y } = 2 \times ( u - \bar { u } )Y~=2×(u−uˉ) .

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