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

American foreign policy, according to the text, tends to alternate between a. cold wars and hot wars. b. idealism and realism. c. bipolarism and multilateralism
Which is an equation for the given word problem? After Joel deposits $25.50 into his savings account, his balance is $275.00. Which equation can be used to find
What would most likely happen if an error occurred when RNA was receiving coding information?
240,000 rounded to the nearest hundred thousand?
what is the root word of enactment
In poetry and fiction, the main reason for using vivid words is to
the perimeter of a parallelogram is 72 meters. The width of the parallelogram is 4 meters less than its length. Find the length and width of the parallelogram
Cuneiform is a. a Sumerian form of writing b. a Persian invention c. a Lydian invention d. an Egyptian form of writing
As part of an experimental procedure, Tom must measure exactly 15 milliliters of distilled water. Which of the following tools should Tom use for this task? a
A squared plus b squared