If f(1)=8f(1)=8 and f(n)=4f(n-1)+1f(n)=4f(n−1)+1 then find the value of f(4)f(4).

Step-by-step explanation:

We have that:

We need to find f(4) based on the given conditions.

We first put n=2, to obtain;

We now put n=3 to get:

We now put n=4, to get:

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation:

ou would have 12 of each