Okun's law shows the ...... relationship between the .....rate and the ......rate. Fill in the blanks.

aNegative; growth; unemployment

bNegative; unemployment; inflation

cPositive; unemployment; inflation

dPositive; growth; unemployment

Which of the following eventsdid nottake place during Great Depression?

a.There was a sharp decline in GDP and an increase in unemployment rate in many countries.

b.A lot of banks collapsed because households and corporations were not able to pay back their debts

c.Most of the consumers and firms in the USA cut back on their spending due to pessimism about the future

d.There was inflation in many countries