R
Ryan E
Guest
...associated with a ____ percenta 49. According to Okun's Law each extra percentage point of ___ unemployment is associated with a ____ percentage point increase in the output gap, measured in relation to potential output.
A. frictional; 2
B. frictional; 4
C. cyclical; 2
D. cyclical; 4
E. structural; 4
50. If firms maintain preset prices in the short run, then the primary cause of outputs gaps is changes in:
A. potential output.
B. prices.
C. capital and technology.
D. economywide spending.
E. labor mobility.
A. frictional; 2
B. frictional; 4
C. cyclical; 2
D. cyclical; 4
E. structural; 4
50. If firms maintain preset prices in the short run, then the primary cause of outputs gaps is changes in:
A. potential output.
B. prices.
C. capital and technology.
D. economywide spending.
E. labor mobility.