Okun's law

English

Named after Arthur Melvin Okun, who proposed the relationship in 1962.

Okun's law

(economics) An empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2% lower than its potential GDP. The "difference version" describes the relationship between quarterly changes in unemployment and quarterly changes in real GDP.

单词	Okun's law
释义	Okun's law English Etymology Named after Arthur Melvin Okun, who proposed the relationship in 1962. Proper noun Okun's law (economics) An empirically observed relationship between unemployment and losses in a country's production. The "gap version" states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2% lower than its potential GDP. The "difference version" describes the relationship between quarterly changes in unemployment and quarterly changes in real GDP.
随便看	طوعت طوعتم طوعتن طوعن طوعنا طوعوا طوعي طوغ طوغان طوغانجی طوغرامق طوغرامه‌ طوغرامه‌جی طوغرول طوغری طوغمق طوغورمق طوغی ط و ف طوفان طوفان‌ها طوفة ط و ق طوق طوقماق