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Hunter-Best [27]
3 years ago
6

According to okun’s law if the unemployment rate goes from 5% to 3% what will be the effect on the GDP? A) it will increase by1%

B) it will decrease by 1% C) it will decrease by 7% D) it will increase by 7%
Mathematics
2 answers:
soldier1979 [14.2K]3 years ago
4 0

Answer:

Increase by 7%

Step-by-step explanation:

Apex

dmitriy555 [2]3 years ago
3 0
Delta(Y)/Y = 0.05 -2Delta(u) 

=0.05-2(0.05-0.03) = 0.05-0.04 = 0.01 = 1%

So output (GDP) will increase by 1% 
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Answer:

The man traveled 20km by train.

Step-by-step explanation:

If x is the distance he traveled by train, you can write this equation to represent the situation:

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Then, you can simply solve for x:

10+3x=70\\3x=60\\x=20

The man traveled 20km by train.

10+(20)+2(20)=70\\10+20+40=70\\70=70

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Step-by-step explanation:

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4 0
3 years ago
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azamat

Answer:

false

Step-by-step explanation:

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