Question: Using Okun's law, fill in the four pieces of missing data in the table below. The data are hypothetical. Real GDP Potential GDP Natural Year
Using Okun's law, fill in the four pieces of missing data in the table below. The data are hypothetical.
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Real GDP Potential GDP Natural Year (s silions) (s silbions)ent unera rate (%) rate 2012 2013 2014 2015 7.840 8,100 8,000 8,200 8,250 8,415
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Working with Okuns law a In 2012 real GDP is 2 below potential GDP so cyclic... View full answer
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