MPC stands for "marginal propensity to consume," which refers to a rise in consumer spending for every unit of income level achieved.
Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
Spending multiplier = Increase in income level for each unit increase in autonomous spending = 1/(1-MPC) = 1/MPS Spending multiplier = Increase in income level for each unit increase in autonomous expenditure. This is further explained below.
<h3>What is a multiplier?</h3>
Generally, the amount by which the return on investment is greater than the investment itself is referred to as the investment's return on investment (ROI).
In conclusion, Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
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It is important to calculate discounts independently to ensure that each discount is applied to the price of each product. ... It is also important to calculate them to know the real total price of the purchase you are going to make.
The minimum number of comparisons to find the smallest number from 5 integers is 4.
<h3>How to find the Smallest Integer?</h3>
Let the five numbers be a,b,c,d and e.
Let s be an integer
Comparison 1:
a and b will be compared first and the smaller number of them will be equal to s
Comparison 2:
Now, a smaller number between a and b that is s will be compared with c. Similarly, the smaller number of both numbers will be taken as s in the next comparison.
Comparison 3:
Likewise, s and d will be compared and a smaller number will be taken as s for the next comparison
Comparison 4:
Likewise, s and e will be compared and a smaller number will be taken as s for the next comparison.
After 4th comparison, s will be equal to smallest number of 5 integers.
Thus;
Total comparisons = 4
Therefore, the minimum number of comparisons to find the smallest number from 5 integers is 4.
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Explanation:
12: life line for commoners
13.started riot, especially
14.unfaur taxation, voting issues, unequal lang, estates gets all the votes, 1st and 2nd estates more votes than 3rd estates.
15. most of the population who were the 3rd estates (97%) treated people poorly with high taxes and decided to revolt
The probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade is: D. 0.80.
<h3>How to calculate the probability?</h3>
In this exercise, you're required to determine the probability that students who were randomly selected studied for the test, if they pass it with a B or higher grade. Thus, we would apply Bayes's theorem.
- Let S represent studied for.
- Let B represent a score of B or higher grade
Therefore, we need to find P(S|B):
S|B = 0.80.
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<u>Complete Question:</u>
At the beginning of the semester, a professor tells students that if they study for the tests, then there is a 55% chance they will get a B or higher on the tests. If they do not study, there is a 20% chance that they will get a B or higher on the tests. The professor knows from prior surveys that 60% of students study for the tests. The probabilities are displayed in the tree diagram.
