The unemployment rate of a certain country shortly after the Great Recession was approximately 5t + 301 f(t) = (0

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter7: Inflation
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The unemployment rate of a certain country shortly after the Great Recession was approximately
5t + 301
f(t)
(0 <t < 4)
%3D
t2 + 23
percent in year t, where t = 0 corresponds to the beginning of 2010.
(a)
%3D
What was the unemployment rate of the country at the beginning of 2011? (Round your answers to two decimal places.)
---Select--- O
How fast was the unemployment rate of the country changing at the beginning of 2011? (Round your answer to two
(b)
decimal places.)
---Select--- O
Transcribed Image Text:The unemployment rate of a certain country shortly after the Great Recession was approximately 5t + 301 f(t) (0 <t < 4) %3D t2 + 23 percent in year t, where t = 0 corresponds to the beginning of 2010. (a) %3D What was the unemployment rate of the country at the beginning of 2011? (Round your answers to two decimal places.) ---Select--- O How fast was the unemployment rate of the country changing at the beginning of 2011? (Round your answer to two (b) decimal places.) ---Select--- O
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