Okun’s Law, which describes the relationship between Real GDP growth and the change in the unemployment rate and may be approximated as follows:   Real GDP Growth = 3 – 2*Change in unemployment rate This relationship applies to changes from year to year.   The average unemployment rate in the 12 months of 2019 was 3.7%.   The average unemployment rate during the 12 months of 2020 was 5.9%.     1. What does Okun’s Law imply will be the rate of Real GDP growth between 2019 and 2020? Explain your answer. 2. How does this prediction compare to the actual rate of Real GDP growth between 2019 and 2020?

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