During the second semester of 2009 and the first semester, Business Economics

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During the second semester of 2009 and the first semester

During the second semester of 2009 and the first semester of 2010 the GDP growth rate became positive. However, percentage changes in the GDP growth rate were not matched by half percentage point decreases in the unemployment rate during that period. Would this suggest that Okun’s law is no longer valid?

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Business Economics: During the second semester of 2009 and the first semester

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