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zubka84 [21]
3 years ago
14

Assume the natural rate of unemployment in the U.S. economy is 5 percent and the actual rate of unemployment is 9 percent. Accor

ding to Okun's law, the negative GDP gap as a percentage of potential GDP is.
A) 2 percent.
B) 8 percent.
C) 10 percent.
D) 4 percent.
Business
1 answer:
Mrrafil [7]3 years ago
4 0

Answer:

The answer would be B) 8 percent.

Explanation:

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It is necessary to retain information for two significant reasons: legal obligation and business needs. Data that occupies the c
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The correct answer is letter "B": business.

Explanation:

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2 years ago
What is the price​ level? The price level is​ ______. A. the average level of prices paid by urban consumers for all goods exclu
8_murik_8 [283]

Answer:

Price Level is B. The average level of prices

Explanation:

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7 0
2 years ago
If the consumption function is C​ = 100​ + 0.75Y and planned investment spending is 500​, what will be the equilibrium level of​
snow_lady [41]

Answer:

The equilibrium level of​ output will be Y=2200

Explanation:

Comnsider the following formulas to solve the exercise.

1. Using the Expenditure approach to GDP,

Y=C+I+G

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Y=700+0.75Y-150

0.25Y=550

The equilibrium level of​ output will be Y=2200

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3 years ago
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