In a far-off land three fish can be traded for two loaves of bread and a loaf of bread can be traded for four bags of rice. How many bags of rice is one fish worth?

One fish can be traded for 2 2/3 bags of rice.

Step-by-step explanation:

Key:

F = One fish

L = Loaf of bread

R = Bag of rice

So, with that set we see that:

3F = 2L & L = 4R

2L for 2 x 4 = 8R

So,

3F = 8R OR 3:8 OR 8/3

8/3 = 2 2/3, which is the answer.

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: