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[unable to retrieve full-text content]The great “science” of economics once discovered an empirical relationship between GDP and unemployment that has been dubbed Okun’s Law. It simply states that the unemployment rate rises as GDP contracts, or vice versa, as production shrinks less peo...
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Eugen von Böhm Bawerk considers the following as important: Bawerk, Economics, Featured, newslettersent, Okun's Law, Taxes, U.S. Gross Domestic Product, U.S. Labour Productivity, US
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[unable to retrieve full-text content][unable to retrieve full-text content]The great “science” of economics once discovered an empirical relationship between GDP and unemployment that has been dubbed Okun’s Law. It simply states that the unemployment rate rises as GDP contracts, or vice versa, as production shrinks less peo...
Topics:
Eugen von Böhm Bawerk considers the following as important: Bawerk, Economics, Featured, newslettersent, Okun's Law, Taxes, U.S. Gross Domestic Product, U.S. Labour Productivity, US
This could be interesting, too:
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The great “science” of economics once discovered an empirical relationship between GDP and unemployment that has been dubbed Okun’s Law. It simply states that the unemployment rate rises as GDP contracts, or vice versa, as production shrinks less peo...
