The value of the function f(x) is 600 when x=0 and decreases by 9% for every one-unit increase in x. Complete the equation that represents the function f(x) its a open answer please help

Step-by-step explanation:

Since f(x) decreases by 9% for every one unit increase in x, it means that f(x) is an exponential decay function. An exponential function is given by:

f(x) = ; where a is the value of f(x) at x = 0, b is the multiplier and is less than 0 for a decay.

Therefore since at x = 0, f(x) = 0. Hence a = 600. Also, b = 9% = 0.09.

The function f(x) can hence be represented as:

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: