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IRISSAK [1]
3 years ago
8

Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas

es the tax rate. Producers manufacture fewer goods. Consumers have less money to spend. Sequence ↓ ↓ ↓
Business
2 answers:
lana [24]3 years ago
7 0
<span>Government increases the tax rate.
Consumers have less money to spend.
</span>Producers manufacture fewer goods.
Inflationary pressure decreases.<span>

</span>
Svet_ta [14]3 years ago
4 0

<span>Arrange the steps to show the effects of contractionary fiscal policy.</span>

<span>
</span>

<span>1. Government increases the tax rate.</span>

<span>
2. Consumers have less money to spend.
</span>


3. Producers manufacture fewer goods.


4. Inflationary pressure decreases.


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irinina [24]
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3 years ago
. A one-product firm estimates that its daily total cost function (in suitable units) is C (x) = x^3 - 6x^2 + 13x + 15 and its t
givi [52]

Answer:

Value of x maximising profit : x = 5

Explanation:

Cost : C(x) = x^3 - 6x^2 + 13x + 15 ; Revenue: R(x) = 28x

Profit : Revenue - Cost = R(x) - C(x)

28x - [x^3 - 6x^2 + 13x + 15]  = 28x - x^3 + 6x^2 - 13x - 15

= - x^3 +  6x^2 + 15x - 15

To find value of 'x' that maximises total profit , we differentiate total profit function with respect to x & find that x value.

dTP/dx = - 3x^2 + 12x + 15 = 0 ► 3x^2 - 12x - 15 = 0

3x^2 + 3x - 15x - 15 = 0  ► 3x (x +1) - 15 (x + 1) = 0 ► (x+1) (3x-15) = 0

x + 1 = 0 ∴ x = -1   [Rejected, production quantity cant be negative] ;

3x - 15 = 0 ∴ 3x = 15 ∴ x = 15/3 = 5

Double derivate : d^2TP/dx^2 = - 6x + 12

d^2TP/dx^2  i.e - 6x + 12  at x = 5 is -6(5) + 12 = - 30+ 12 = -8 which is negative. So profit function is maximum at x = 5

8 0
3 years ago
Laura says that the present value of $700 to be received one year from today if the interest rate is 6 percent is less than the
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Answer:

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Since Laura says that the present value of $ 700 to be received one year from today if the interest rate is 6 percent is less than the present value of $ 700 to be received two years from today if the interest rate is 3 percent, and Cassie says that $ 700 saved for one year at 6 percent interest has a smaller future value than $ 700 saved for two years at 3 percent interest, to determine who is right, the following calculations must be performed:

700 x 1.06 = 742

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Therefore, both Laura and Cassie are correct in their claims.

5 0
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Pavlova-9 [17]

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Explanation:

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Cyclical unemployment is BEST described as unemployment arising from
Ira Lisetskai [31]

Answer:

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