To find 70% of a number, you have to a) multiply the number by 0.25, b) multiply the number 0.75, c) divide the number by 0.75 or d) divide the number by 0.25 and then subtract then subtract the result from the number

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: