Let's say Okun's law is right, and that it works immediately. If we want to reduce unemployment by 4%, and the GDP is currently $14 trillion, and the multiplier is 3, how much of a stimulus program, in dollars, would be needed to accomplish this goal?

Let’s say Okun’s law is right, and that it works immediately. If we want to reduce unemployment by 4%, and the GDP is currently $14 trillion, and the multiplier is 3, how much of a stimulus program, in dollars, would be needed to accomplish this goal?

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Let’s say Okun’s law is right, and that it works immediately.

If we want to reduce unemployment by 4%, and the GDP is currently $14 trillion, and the multiplier is 3, how much of a stimulus program, in dollars, would be needed to accomplish this goal?

Let’s say Okun’s law is right, and that it works immediately. If we want to reduce unemployment by 4%, and the GDP is currently $14 trillion, and the multiplier is 3, how much of a stimulus program, in dollars, would be needed to accomplish this goal?

Let’s say Okun’s law is right, and that it works immediately. If we want to reduce unemployment by 4%, and the GDP is currently $14 trillion, and the multiplier is 3, how much of a stimulus program, in dollars, would be needed to accomplish this goal?

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