According to Okun's law, how much output (real GDP) was lost in 2009 when the nation's unemployment rate increased from 5.8 percent to 9.8 percent? Instructions: Round your response to one decimal place. %

The following information is for the fictitious nation Alpha: Working-age population = 1.1 million Labor force = 693,000 Number Employed = 651,420 %3D %3D Instructions: Enter your responses as percent values. a. The unemployment rate for Alpha is %. b. The labor force participation rate for Alpha is %.

This is not correct! The natural unemployment rate is 4%! I don't know where the 6% came from?!

In a macroeconomy where textile and information technology are among the major industries, the natural rate of unemployment is 4%. Although workers prefer full-time jobs, all industries have a combination of full-time and part- time (underemployed) workers. In 2010, the total population was 14 million with an adult population of 12.2 million, and real output for the year was $350 billion. In the same year, 7.6 million people were employed, 1.5 million people were part-time workers, and 400,000 people were unemployed. Furthermore 300,000 individuals stated that they were discouraged from searching for a job. (Question 1 of 7) What was the real GDP per capita in 2010? (report your answer up to 2 decimal places)