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

Which of these organelles is not made of or surrounded by a membrane
Vitamins A and D can be found in any: dairy product fluid milk cheese or yogurt product fortified fluid milk
Choose the sentence in which the italicized pronoun agrees in number with its italicized antecedent or antecedents boat people?
Question: what is one thing you would like everyone to know about japanese american internment? answer: first, i would want everyone to know that all of us, the
Why were the British concerned about French activity in the Ohio River valley?
How many meanings does the word pretty have? What are they? How is that meaning different from today's use? Which part of the dictionary entry did you use to fi
10 times smaller than 0.80
Dritown received 0.135 inches of rain in the spring of 2011. Write this decimal as a fraction in simplest form. A.7/50 B.1/8 C.13/100 D.27/200
Christie has $200 in her bank account. Every month, she deposits $20 into her account. The equation of the line that models the amount of money, y, in her accou
Is a dimond a pure substance? yes or no