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16 July, 05:52

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

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  1. 16 July, 07:34
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    The answer would be B) 8 percent.
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