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If the natural rate of unemployment is 5 percent and the actual unemployment rate is 6 percent, then Okun's law indicates that the GDP gap

If the natural rate of unemployment is 5 percent and the actual unemployment rate is 6 percent, then Okun's law indicates that the GDP gap is...

  • 2 percent.
  • 1 percent.
  • 5 percent.
  • 11 percent.

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