Hello, hope this makes some sense, the midpoint formula is what’s given in the picture and the rest is just substitution
Answer:
E. increases; shifts the AD curve rightward
Step-by-step explanation:
Tax cut means lower tax income tax rates, that mean individuals will have more of their income, that is more money to spend leading to increase in aggregate demand. This will lead to a rise (increase) in the aggregate demand curve which implies rightward movement.
-4 (5y + 5) = -120
multiply the bracket by -4
(-4)(5y)=-20y
(-4)(5)=-20
-20y-20=-120
move -20 to +20
-20y-20+20=-120+20
-20y=-120+20
-20y=-100
divide both sides by -20 to get y by itself
-20y/-20=-100/-20
Answer: y=5
Answer:
True
Step-by-step explanation: