Help with MACROECONOMICS! TEST TOMORROW PLEASE HELp!!?

Please help me with these two questions. Thanks.

According to Okun鈥檚 Law, how much output would be lost if the nation鈥檚 unemployment rate increased from 4.6 to 5.4 percent?

Would the following be counted in GDP? If so, explain how it enters GDP (C, I, G, or (X-M)) and why. If not, explain why not.

a.Nabisco鈥檚 purchase of flour to make cookies.

b.Your purchase of flour to make cookies for your study group.

c.The Pentagon鈥檚 purchase of flour to make cookies for soldiers.

d.Nabisco鈥檚 purchase of an oven to bake cookies.

e.Your purchase of Hungarian hazelnuts to put

Help with MACROECONOMICS! TEST TOMORROW PLEASE HELp!!?education loans

okun%26#039;s law was like 3% output or something per 1% unemploy. over the natural rate (4%) so.. 5.4 - 4.6 = .8

.8 * (3) = 2.4% lost, roughly

a. it doesnt, flour is intermediate good, not final

b. flour counts as C because you bought it as a final good for homemade cookies which doesnt count

c. is G because that is a government purchase

d. an oven is a capital good or thats I for investment

e. C because you buy it. although you might argue it takes away from Xn since you are importing