Write an equation in slope intercept form of the line that passes through the given point and is parallel to the graph of the given equation.
(-1,3); y = 2x - 8

For this case we have that by definition, the equation of a line in the slope-intersection form is given by:

Where:

m: It is the slope of the line

b: It is the cut-off point with the y axis

We have the following line:

The slope is

By definition, if two lines are parallel then their slopes are equal. Thus, a line parallel to the given line will have a slope

Therefore, the equation of the parallel line will be of the form:

We substitute the given point and find "b":

Finally, the equation is:

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:

step-by-step :