Okun's law is related to the impact of change in unemployment rate on:
Okun's law describes an inverse empirical relationship between unemployment and real output growth. Faster output growth is generally associated with a reduction in…
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Okun's law is related to the impact of change in unemployment rate on:
Answer and explanation
Correct answer D
Okun's law describes an inverse empirical relationship between unemployment and real output growth. Faster output growth is generally associated with a reduction in unemployment.
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Telangana SET (TG SET)