Question

question 3 of 10
okuns law models the relationship between gdp and ______.

a. unemployment
b. employment
c. the economy
d. the stock market

Explanation:

Okun's law specifically describes the empirical relationship between the change in the unemployment rate and the growth rate of real GDP. It states that a decrease in GDP growth is associated with an increase in the unemployment rate, so it models the relationship between GDP and unemployment.

Answer:

A. unemployment