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Using the form of Okun's law in Equation (3.6), display a simple graph with the intercepts in each axis and explain the meaning of the
Using the form of Okun's law in Equation (3.6), display a simple graph with the intercepts in each axis and explain the meaning of the two coefficients (a = 3 and b = -2) in this relationship. Interpret this relationship in the U.S.: how is it: positive, negative or no relationship? Why? Explain using the equation.
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