A woman invests $31,000, part at 8% and the rest at 9.5% annual interest. If the 9.5% investment provides $407.50 more income than the 8%investment, how much is invested at each rate?

what are the statements

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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%.

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