Given the linear equation Ax+By=8,it's x intercept is (8,0) and y-intercept is (0,8). What are the values of a and b

A=1, B=1

Step-by-step explanation:

Equation of the line in intercept form

The intercept form of the equation of a line is:

Where:

h = x-intercept

k = y-intercept

We are given the y-intercept (0,8) and x-intercept (8,0), thus the equation is:

Multiplying by 8:

x + y = 8

Thus, the values of A and B are:

A=1, B=1

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: