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3 years ago

According to Okun's law, if the unemployment rate goes from 7% to 4%, what will be the effect on the GDP?

Mathematics

2 answers:

Bogdan [553]3 years ago

7 0

Answer:

GDP will increase by 6% on decrease of the unemployment rate from 7% to 4%.

Step-by-step explanation:

We are given that,

The unemployment rate decreases from 7% to 4%.

It is required to find the effect of this decrease on the GDP.

Since, we know,

If the unemployment rate increases (or decreases) by 1%, then the GDP will decrease (or increase) by 2%.

So, we get,

As the unemployment rate decreases by 3%, GDP will increase by double of 3% i.e. 6%

Hence, the GDP will increase by 6% on decrease of the unemployment rate from 7% to 4%.

Paul [167]3 years ago

3 0

If the law is basically if unemployment goes up 1% then the GDP goes down 2%, then the unemployment rate going down 3% means the GDP will go up 6%

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Hiw do u get the third angle of a triangle? I was given 65 and 65?

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The sum of the interior angles of a triangle are equal to 180o. To find the third angle of a triangle when the other two angles are known subtract the number of degrees in the other two angles from 180o

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3 years ago

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if the interest earned is $40 and the principal is $400 and the time is 2 years what is the interest rate

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3 years ago

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In 1987, the population of country A was estimated at 87 million people, with an annual growth rate of 3.5%. The 1987 population

KATRIN_1 [288]

Answer:

Step-by-step explanation:

Given that in 1987, the population of country A was estimated at 87 million people, with an annual growth rate of 3.5%

Thus the equation for population for country A would be

$P(A) = 87e^{0.035t}$

The 1987 population of country B was estimated at 243 million with an annual growth rate of 0.6%.

So equation for population for country B would be

$P(B) = 243e^{0.006t}$ where t = time in years and P in millions

a) P(A) = 2*87 when

$2=e^{0.035t}$

Take log and solve

ln 2 = 0.005 t

t = 138.63

Thus after 138 years population will double for A

b) P(A) = P(B) when

$P(A) = 87e^{0.035t}=P(B) = 243e^{0.006t}\\e^{0.035t-0.006t}=\frac{243}{87} =2.793\\0.029t = 1.027\\t= 35.42$

Approximately after 35.5 years the populations of both countries would be equal.

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3 years ago

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Using the following picture which side is the hypotenuse?

mylen [45]

Hi!

A hypotenuse is the longest leg in a right triangle.

A right triangle is a triangle that has one 90 degree angle.

The hypotenuse is always directly across from the right angle.

In pictures, right angles are represented by a square.

Therefore, the side with the hypotenuse is side 3, because we can see that the angle between side 1 and side 2 is the right angle, and the hypotenuse would be directly across.

For more information, see:

brainly.com/question/21440624

For information about parts of a right triangle, see:

brainly.com/question/22137749

Image = other parts of a right triangle:

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2 years ago

Quadrilateral ABCD is inscribed in a circle with angle measures m∠A = (11x − 8)°, m∠B = (3x2 + 1)°, m∠C = (15x + 32)°, and m∠D =

dimulka [17.4K]

Answer:

No for all of the 4 values

Step-by-step explanation:

The sum of the internal angles of a quadrilateral is always 360°, so we have that:

m∠A + m∠B + m∠C + m∠D = 360

11x - 8 + 3x2 + 1 + 15x + 32 + 2x2 - 1 = 360

5x2 + 26x - 320 = 0

Solving the quadratic function using Bhaskara's formula, we have:

Delta = 26^2 + 4*5*320 = 7076

sqrt(Delta) = 84.12

x1 = (-26 + 84.12)/10 = 5.81

x2 = (-26 - 84.12)/10 = -11.01 (this value will generate negative angles, so it is not valid).

Now, finding the angles, we have:

m∠A = 11*5.81 - 8 = 55.91°

m∠B = 3*(5.81)^2 + 1 = 102.27°

m∠C = 15*5.81 + 32 = 119.15°

m∠D = 2*(5.81)^2 - 1 = 66.51°

As all these values are different from the values shown, the answer is No for all of them.

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3 years ago