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%.
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Another question on Mathematics
Mathematics, 21.06.2019 13:00
Do not comment if you aren’t going to . create a real-life situation and create a system and show how it might be modeled algebraically with a system of equations (or inequalities) show all work include a few sentences explaining the situation, your variables of choice and what each represents, and how you would set it up and solve it algebraically. !