If the Natural Rate of Unemployment Is 6%,the Current Unemployment

Question 147
Multiple Choice

If the natural rate of unemployment is 6%,the current unemployment rate is 12%,and nominal GDP is $4,000 billion,then,according to Okun's law,the economy has sacrificed A) $240 billion in potential output. B) $480 billion in potential output. C) $700 billion in potential output. D) $840 billion in potential output. E) $940 billion in potential output.