Answer:
-0.75
Explanation:
We will examine the sample space, which is used in games like this one, to see the possible outcomes of the game:
H H H
H H T
H T H
T H H
T T H
T H T
H T T
T T T
The probability for getting three heads is 1/8. The probability for getting two heads is 3/8. And the probability for everything else is 1/2.
So, when the probabilities and the payouts (or losses) are put in the weighted formula, we get:
1/8*8 + 3/8*2 + 1/2*(-3) = -0.75
So the expected <em>loss </em>in the game is <u>0.75 dollars.</u>
Based on the fact that the increase in investment led to such an increase in equilibrium expenditure, then the expenditure multiplier can be found to be E. $40 billion ÷ $10 billion = 4.
<h3>How to find the expenditure multiplier?</h3>
The expenditure multiplier shows how much expenditure will increase by, as a result of an increase in investment or other factors that bring about a cash injection into the economy.
The expenditure multiplier in this case, can be found by the formula:
= Equilibrium expenditure / Increase in investment
Solving for the Expenditure multiplier gives:
= 40 billion / 10 billion
= 4
Options for this question include:
- A. $10 billion $40 billion = - $30 billion.
- B. $40 billion $10 billion = $30 billion.
- C. $10 billion x $40 billion = $400 billion.
- D. $10 billion ÷ $40 billion = 0.25.
- E. $40 billion ÷ $10 billion = 4
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Answer:
Stable prices
Explanation:
Stable prices created a structured economy without residents having to constantly adapt to deflation, inflation etc.
Alexander Maconochie initiated the concept of Good time.
Answer: Use a dedicated ADF scanner connected to either a workstation or the LAN.
Explanation:
