1. Which pay is equivalent to a rate of $16 per hour? $78 for 3 hours
$96 for 6 hours
$160 for 16 hours
$60 for 5 hours

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:

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step-by-step explanation:

there is no question content here, but you for the free points! : d