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Potential Real GDP $ 2 0 0 billion Natural Rate of Unemployment 4 percent Actual Rate...

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Economics

Potential Real GDP $ 2 0 0 billion Natural Rate of Unemployment 4 percent Actual Rate of Unemployment 1 0 percent Okun's Law states that "for every 1 percent that the actual unemployment rate exceeds the natural rate, there is a 2 percent GDP gap". Referencing the data is the above table, the GDP gap would be: Group of answer choices 4 2 billion. 6 percent. 1 2 percent. $ 2 0 billion.

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