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 Glossary   >   O   >   "Okun"s Law" Definition   

        Okun"s Law

A relationship between an economy"s GDP gap and the actual unemployment rate.

Okun"s Law


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Okun"s Law - A relationship between an economy"s GDP gap and the actual unemployment rate.


Okun"s Law : a relationship between an economy"s gdp gap and the actual unemployment rate.