Answer:
0, 7 )
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
y = 8x + 7 ← is in slope- intercept form
with y- intercept c = 7 ⇒ (0, 7 )
Answer:
The GDP gap is 9 % when there is 4.5 % unemployment.
Step-by-step explanation:
The statement shows a reverse relationship, where an increase in unemployment is following by decrease in potential GDP and can be translated into the following rate:

The GDP gap at a given increase in unemployment can be estimated by the following expression:


Where:
- GDP gap-unemployment increase rate, dimensionless.
- Increase in unemployment rate, measured in percentage.
- GDP gap, measured in percentage.
If
and
, the GDP gap is:


The GDP gap is 9 % when there is 4.5 % unemployment.
You multiply the number outside the parenthesis with both of the numbers in the parenthesis separately.
Answer: C. y = (1/4)x -7
Step-by-step explanation:
I don’t know which one you want