Answer: 1
Work: After plugging in the 6 in the X, the new equation is -2(6) + 13. After doing the multiplication of -2 and 6, you get -12. Add -12 + 13, and the answer (Or y) equals 1.
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Answer:
1 1/3
Step-by-step explanation:
Answer:
12000
Step-by-step explanation:
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.