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igomit [66]
2 years ago
14

Suppose during 2020 due to relief in Taxation Marginal Propensity to Consume (MPC) will increase from 0.65 to 0.75 then calculat

e Tax multiplier (KT).
SAT
1 answer:
Brut [27]2 years ago
7 0

Answer:

Tax multiplier = 3

Explanation:

Given:

Current MPC = 0.75

Find:

Tax multiplier

Computation:

Tax multiplier = MPC / [1 - MPC]

Tax multiplier = 0.75 / [1 - 0.75]

Tax multiplier = 0.75 / 0.25

Tax multiplier = 3

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Songs like "fortunate son" by creedence clearwater revival, "give peace a chance" by john lennon, and "i-feel-like-i'm-fixin'-to
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Which is the correct order of the geologic time scale from oldest to recent
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Answer:

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Explanation:

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2 years ago
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8 0
2 years ago
Satya, nina, and iana each have a 3/4 chance of going to café georgia for an afternoon coffee at 1:00pm. Bohan will only go to c
larisa86 [58]

Using the binomial distribution, it is found that there is a 0.9844 = 98.44% probability that bohan goes to café georgia for a coffee today.

For each friend, there are only two possible outcomes, either they go to the cafe, or they do not. The probability of a friend going to the cafe is independent of any other friend, hence, the binomial distribution is used to solve this question.

<h3>What is the binomial distribution formula?</h3>

The formula is:

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

C_{n,x} = \frac{n!}{x!(n-x)!}

The parameters are:

  • x is the number of successes.
  • n is the number of trials.
  • p is the probability of a success on a single trial.

In this problem:

  • There are 3 friends, hence n = 3.
  • They all go to the cafe with a 3/4 probability, hence p = 3/4 = 0.75.

The probability at least one goes is:

P(X \geq 1) = 1 - P(X = 0)

In which:

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{3,0}.(0.75)^{0}.(0.25)^{3} = 0.0156

Then:

P(X \geq 1) = 1 - P(X = 0) = 1 - 0.0156 = 0.9844

0.9844 = 98.44% probability that bohan goes to café georgia for a coffee today.

You can learn more about the binomial distribution at brainly.com/question/24863377

3 0
2 years ago
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