According to Okun's law, a rise in cyclical unemployment rate by 4% will lead to: O...

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According to Okun's law, a rise in cyclical unemployment rate by 4% will lead to: O a fall in GDP by 2%. O a rise in GDP by 2%. O a fall in GDP by 8%. O a rise in GDP by 8%. According to Okun's law, a rise in cyclical unemployment rate by 4% will lead to: O a fall in GDP by 2%. O a rise in GDP by 2%. O a fall in GDP by 8%. O a rise in GDP by 8%.

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The detailed answer for the above question is provided below Answer A fall in GDP by 8 Explanation O... View the full answer