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Lena [83]
3 years ago
7

According to Okun's law, if the unemployment rate goes from 5% to 3%, what will be the effect on the GDP?

Mathematics
1 answer:
olga2289 [7]3 years ago
5 0

Answer:

D. It will increase by 1%.

Step-by-step explanation:

Given

u_1 = 5\% --- initial rate

u_2 = 3\% --- final rate

Required

The effect on the GDP

To calculate this, we make use of:

\frac{\triangle Y}{Y} = u_1 - 2\triangle u

This gives:

\frac{\triangle Y}{Y} = 5\% - 2(5\% - 3\%)

\frac{\triangle Y}{Y} = 5\% - 2(2\%)

\frac{\triangle Y}{Y} = 5\% - 4\%

\frac{\triangle Y}{Y} = 1\%

<em>This implies that the GDP will increase by 1%</em>

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Step-by-step explanation:

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3 years ago
On a trip, Alexander bought a ping-pong racket for $13. With the tax, he paid $14.04. What is the tax rate, in percent?
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Answer:

8% tax rate.

Step-by-step explanation:

\frac{14.04}{13} =1.08

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Which of the following describes the graph of 2x + 4y &lt; 16?
kherson [118]
<h3>Answer: A) Dashed line, shaded below</h3>

=============================================================

Explanation:

2x + 4y < 16 solves to y < -0.5x+4 when you isolate y. The inequality sign does not change direction because we divided both sides by a positive value (in this case, 4).

The graph of y < -0.5x+4 will be the same as the graph of 2x+4y < 16

To graph y < -0.5x+4, we graph y = -0.5x+4 which is a straight line that goes through the two points (0,4) and (2, 3). This is the boundary line of the inequality shaded region. The boundary line is a dashed line because we are not including points on the boundary that are part of the solution set. We only include these boundary points if the inequality sign has "or equal to".

We then shade below the dashed boundary line to indicate points below the boundary line. The shading is done downward due to the "less than" sign.

---------------------

Perhaps another method to find what direction we shade is we can try out a point like (0,0). The point cannot be on the boundary line.

Plug those coordinates into either equation. I'll pick the second equation

y < -0.5x+4

0 < -0.5*0+4

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The last inequality is true, so the first inequality is also true when (x,y) = (0,0). Therefore, the point (0,0) is in the shaded region. The point (0,0) is below the boundary line y = -0.5x+4

So this is another way to see that the shaded region is below the boundary line.

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2 years ago
A cylinder has radius r and height h. a. How many times greater is the surface area of a cylinder when both dimensions are multi
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3 years ago
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