8*40 = 320 * 2 = $640 for the 2 workers
640/2000 = 0.32
labor cost is 32% of the revenue
Answer:
Each Person should owe 30$.
Step-by-step explanation:
84.99+5.10=90.
90/3 friends= 30$ each. There fore, the friend's calculation is not reasonable.
Yes you did it correctly but change problem 5’s denominator on the right to a 6
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.
Answer: S
Step-by-step explanation:
w + ? - s = w
w + s - s = w
w = w