glendaward936 glendaward936
  • 01-01-2018
  • Social Studies
contestada

In the united states why is there a strong correlation between unemployment and gdp

Respuesta :

W0lf93
W0lf93 W0lf93
  • 12-01-2018
The relationship between unemployment rates and Gross Domestic Product in the US is described by Okun’s Law. In short, this law states that when the unemployment rate is higher than normal, economic output decreases, which then lowers GDP.
Answer Link

Otras preguntas

a person who studies word origins and meanings would most likely be a
What is the difference between displacement and double displacement reactions?Write equations for these reactions?
factoring 12m^2n^2-8mn+1=
Why do Andhra Pradesh donot recive any snow fall during during winter months. PLEASE HELP.....EXAM TOMORROW
I = {1, 2} List all possible subsets of the given set.
Given the inequalities y > 5x-8 and y >3x+4, find the point that satisfies both inequalities
Given the inequalities y > 5x-8 and y >3x+4, find the point that satisfies both inequalities
How many eights are there in 6 1/2
A 1700 kg 2006 Mustang GT can accelerate from rest to 100 km/h in a time of 5.0 s.  Determine the net amount of work that must be done on the car to cause this
how do I solve x+2y=8