One half of 1% converted to a decimal is

Step-by-step explanation:

 For this exercise you can follow these steps in order to solve it:

First, it is important to notice that one half of 1% indicates that you must divide 1% by 2. Then:

The final step is to convert from percentage to decimal form. To do this, you need to divide by 100.

Therefore, you get:

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:

17.08

correct me if i am wrong.