Canton: 7,720 and increases at a rate of 80 people per year.
Holly Spring: 3,200 and increases at rate of 120 people per year.
Let x be the number of years.
Canton = 7,720 + 80x
Holly Spring = 3,200 + 120x
7,720 + 80x = 3,200 + 120x
80x - 120x = 3,200 - 7720
-40x = -4520
x = -4520 / -40
x = 113
It would take 113 years before the populations are equal.
7,720 + 80x = 3,200 + 120x
7,720 + 80(113) = 3,200 + 120(113)
7,720 + 9,040 = 3,200 + 13,560
16,760 = 16,760
Answer:
The correct answer is letter B.
Step-by-step explanation:
Contractionary monetary policies are instruments used by the FED to decrease the amount of money in an economy. There are three classic instruments of monetary policy: open market, rediscount policy and compulsory deposit. The open market is about buying and selling federal government bonds. Thus, by selling bonds, the bank will be increasing the supply of bonds in the economy, on the other hand, is withdrawing dollars, that is, will be withdrawing currency from the economy, resulting in a contractionary monetary policy. Rediscount refers to the interest rate on loans that the FED lends to financial institutions. In situations of illiquidity, banks turn to the FED for loans. In this case, the FED, by increasing the rediscount rate, hindering the supply of money to the institutions and thus exerting a contractionary monetary policy. Finally, bank reserves refer to the part of banks' monetary reserves that are required to be deposited with the FED. Thus, by increasing the percentage of such reserves, the FED is exerting a contractionary fiscal policy, as it decreases the total amount of commercial banks' borrowing resources.
I'm not 100% sure of this I think its as follows:-
Prob(Lauren then Isabel picked) = 1/12 * 1/11 = 1/132
