Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Answer: 10 Slices
Step-by-step explanation:
10 slices of cheese is about $0.24 a slice.
12 Slices of cheese is about $0.26 a slice.
So 10 slices is the better deal.
Answer:
3 and 47
7 and 43
19 and 31
Step-by-step explanation:
Prime numbers up to 50:
2, 3, 5, 7, 11, 13, 17, 19, 23, 29, 31, 37, 41, 43, 47
Therefore,
3 + 47 = 50
7 + 43 = 50
19 + 31 = 50
Answer:
Step-by-step explanation:
We want to simplify:
This is the same as:
Now let us convert the mixed numbers to improper fractions.
We multiply by the reciprocal of the second fraction to get:
Cancel out the common factors to obtain:
