What is Okun's law? According to Okun's law, if the unemployment rate increases by 2 percentage points
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Okuns Law is a rule of thumb that tells how much output falls when the unemp...View the full answer
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Related Book For 
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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