The Congressional Budget Office has forecast that real GDP growth in the U.S. in 2023 will be 0.1%. Use Okun's law to estimate the change in the unemployment rate in 2023.

Percentage change from 4 quarters earlier Percentage change from 4 quarters earlier 2 1970 40 30 20 1 I. 0 l 10 20 30 40 1970 1975 1975 1980 1 980 1' H (a) Growth in Consumption m. 1985 (b) Growth in Investment 1990 Investment growth l 1985 Y m AHA. 1 v 1990 Consumption growth 1995 1995 2000 2000 2005 2005 m Year Year