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

2 a b a b simplify the expression in exponential notation.
square is to circle what is a cube to?
who was the ninth president
The slope of a line is 2. The y-intercept of the line is –6. Which statements accurately describe how to graph the function?
Jesse owns a sporting goods store that sells skis and snowboards. The store earns a profit of $52 for each ski sold and a profit of $64 for each snowboard sold.
I need help , can some please help me out?
solve for m: 2/3 = m/42
write a paragraph In which you discuss whetherthese findngs about equaliy in hunter-gathering societies are of any relevance to 21st century society
A work team is characterized by a. sharing information as a goal b. random and varied skills c. individual and mutual accountability d. neutral synergy
can u practice conversation