Answer:
A) $24 billion
Explanation:
Here is the complete question :
Potential Real GDP $200 Billion
Natural Rate of Unemployment- 6 Percent
Actual Rate of Unemployment- 12 Percent
Refer to the accompanying data, which is for a specific year in a hypothetical economy for which Okun's law is applicable. The amount of output being forgone by the economy is
C) $15 billion. D) $18 billion. A) $12 billion. B) $24 billion.
According to Okun's law, a 1% decline in unemployment results in a 2% fall in potential GDP
Decline in unemployment = Actual Rate of Unemployment - Natural Rate of Unemployment
12 - 6 = 6%
decline in output = 6% x 2% = 12%
potential GDP lost = 12% x $200 Billion = 24 billion
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Using notes outside of a given key to produce heightened color is referred to as "chromaticism".
Chromaticism, in music, the utilization of notes unfamiliar to the mode or diatonic scale whereupon an organization is based.
Chromatic tones in Western craftsmanship music are the notes in an organization that are outside the seven-note diatonic (i.e., major and minor) scales and modes. On the piano console, the dark keys speak to the 5 chromatic tones that don't have a place with the diatonic size of C real; high contrast keys together mean the chromatic size of 12 tones for every octave.
