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If the natural rate of unemployment is 5 percent and the actual unemployment rate is 10 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 10 percent, then Okun's law indicates that the GDP gap is
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- 10 percent.
- 5 percent.
- 2 percent.
- 15 percent.
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
