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Benford's law
name
labour law
noun
the law is an ass
proverb
Okun's law
name
(economics)
An
empirically
observed
relationship
between
unemployment
and
losses
in
a
country's
production.
The
"gap
version"
states
that
for
every
1%
increase
in
the
unemployment
rate,
a
country's
GDP
will
be
roughly
an
additional
2%
lower
than
its
potential
GDP.
The
"difference
version"
describes
the
relationship
between
quarterly
changes
in
unemployment
and
quarterly
changes
in
real
GDP.
color of law
noun
Gresham's law
name
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