Determine the number of terms, n, given the geometric series -1 - 2 - 4 - 8 - ... and Sn=−31.

5

Step-by-step explanation:

We are given the geometric series:

-1, - 2, - 4, - 8

In the geometric series above, the common ratio = second term/first term = -2/-1

= 2

Where common ratio is greater than 1(r >1)

The sum of a geometric progression =

Sn = a(rⁿ -1)/r - 1

In the question we are asked to find the number of term = n

Sn = -31

a = -1

r = 2

Hence,

-31 = -1(2ⁿ - 1)/2 - 1

-31 = -1(2ⁿ - 1)

-31 = -2ⁿ + 1

2ⁿ = 1 + 31

2ⁿ = 32

2ⁿ = 2^5

n = 5

Therefore, the number of terms(n) = 5

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: