Answer: D. 40
Step-by-step explanation:
Given: Number of students liked vanilla or chocolate ice cream =
Number of students liked chocolate =
Number of students liked vanilla=
Now, Number of students liked vanilla and chocolate ice cream is given by :-
Number of students liked vanilla and chocolate ice cream= 40
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.