Consider a right-tailed test (upper tail) and a sample size of 40 at the 95% confidence level. The value of t is . a. +2.023
b. -2.023
c. -1.685
d. +1.685

The correct option is d.

Step-by-step explanation:

The directional hypothesis is:

The sample size is, n = 40.

The significance level is:

Use the t-table to compute the right-tailed t-critical value as follows:

The value is positive since the directional hypothesis suggests that the test is right tailed.

The correct option is d.

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:

i hope this is what you were looking for.

see attached graph