Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

studycat

  • one year ago

Okun’s law for Canada is given by ut-ut-1 = 0.33(gyt-3.7%) Required: a. What growth rate of output leads to an increase in the unemployment rate of 1 percent per year? How can the unemployment rate increase even though the growth rate of output is positive? b. What rate of growth of output do we need to decrease the unemployment by 1 percentage point over the next four years? c. Suppose that we experience a second baby boom. How do you expect Okun’s law to change if the rate of growth of the labour force increases by 2 percentage points?

  • This Question is Closed
  1. poopsiedoodle
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    No. Stop it.

  2. Callisto
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Please post your question in the Mathematics group. You can find the Mathematics group by clicking on the "Find More Subjects" button at your left top corner. Thank you.

  3. Not the answer you are looking for?
    Search for more explanations.

    Search OpenStudy
    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.