Question

Okun’s law models the relationship between GDP and ____.

A. Employment
B. Unemployment
C. The stock market
D. The economy

Answer 1

Unemployment

Explanation:

First guy was correct

Answer 2

Okun's law model gives the relationship between GDP and unemployment

A is the correct option.

Explanation:

Okun's law model gives us the relation between the unemployment rate and the GDP.

According to this law, if the unemployment is increased by 1 percent then the gross domestic product i.e. GDP will decrease by 2 percent.

Therefore, Okun's law model gives the relationship between GDP and unemployment

A is the correct option.