1 ) Based on Okun's law if the unemployment rate falls by 1 percentage point, all else the same, the growth rate of real GDP will decrease by 2 percentage points increase by 2 percentage points decrease by 0.5 percentage points increase by 0.5 percentage points The natural rate of output is 20 and real GDP is currently 19. What is the output gap? 5.3% -5.3% 5.0% -5.0% In the IS-MP model, there is an increase in the real interest rate and real GDP. Which of the following could've caused that to happen? an increase in financial frictions a decrease in expected inflation a decrease in financial wealth an increase in tangible wealth