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Question 2 9 pts The figure below shows data points for real GDP growth and the change in the unemployment rate for 53 different years
Question 2 9 pts The figure below shows data points for real GDP growth and the change in the unemployment rate for 53 different years in Japan. Japan (1961-2013) 6 y = -0.0291x + 0.1574 4 R2 = 0.1615 Change in unemployment rate (%) 2 2009 0 -2 -6 -10 4 9 Real GDP growth (%) Based on the figure, which of the following statements is true? The unemployment rate increased in all years that real GDP decreased. Okun's Law appears to be true in Japan. The equation for the line of best fit predicts that the unemployment rate won't change when real GDP growth is 2%. The largest decrease in the unemployment rate was during 2009.To increase aggregate demand when the economy is in a severe recession, the government should implement fiscal policy that will: reduce the overall size of the government balance the government's budget lower the government's debt increase the government budget deficit Ecological economics emphasizes that: the economy is supported by unpaid care labor, which is mostly done by women the ecosystem efficiently transforms economic waste into valuable economic inputs we must decrease population to decrease the environmental impact of the economy increasing economic output imposes significant costs by using up natural resources
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