What does (3,12) represent -
A. y=4x B. y= x + 9
C. y= 1/4x D. y= 12x

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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: