Answer:
12%
Explanation:
Given that,
Potential real GDP = $200 billion
Natural rate of unemployment = 6 percent
Actual rate of unemployment = 12 percent
Okun's law refers to the law which states the relationship between the losses in the production of a particular nation and the unemployment.
It also indicates that for every 1 percent, the actual rate of unemployment exceeds the natural rate of unemployment, then as a result there is a GDP gap of 2% is generated.
Cyclical unemployment:
= Actual rate of unemployment - Natural rate of unemployment
= 12% - 6%
= 6%
Negative GDP gap:
= 6% × 2
= 12%
Therefore, the of the negative GDP gap as a percentage of potential GDP for the economy is 12%.
Answer:
In France:
Farmer can produce = 10 metric tons of grain or 5 metric tons of dates in a season
In Mali:
Farmer can produce = 10 metric tons of grain or 25 metric tons of dates.
(1) Mali has the absolute advantage in producing dates because Mali produces more metric tons of dates than France from the same level resources.
(2) No country has an absolute advantage in producing grain because same amount of grain were produced by both the countries with the same level of resources.
(3) Opportunity cost of dates in France = 
= 2 grain
Opportunity cost of dates in Mali = 
= 0.4 grain
Therefore, Mali's opportunity cost of producing dates is lower than France, so Mali has a comparative advantage in producing dates.
(4) Opportunity cost of grain in France = 
= 0.5 dates
Opportunity cost of grain in Mali = 
= 2.5 dates
Therefore, France's opportunity cost of producing grains is lower than Mali, so France has a comparative advantage in producing grains.
Answer:
completed units = 13,650
Explanation:
given data
Beginning inventory = 1,300 units
completed = 40 %
started = 13,000 units
inventory consisted = 650 units
completed = 70%
solution
we get here completed units that is express as
completed units = Beginning inventory + started unit - ending inventory ..............................1
put here value and we get
completed units = 1,300 + 13,000 - 650
completed units = 13,650
The right answer for the question that is being asked and shown above is that: "marketing information." The direct link between customers and the company is performed by the <span>marketing information. They are the ones who channel their needs and etc.</span>
