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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    According to Okun's Law, If Output Increased by 15 Percent
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According to Okun's Law, If Output Increased by 15 Percent

Question 299

Question 299

True/False

According to Okun's law, if output increased by 15 percent, unemployment should decrease by 3 percent.

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