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attashe74 [19]
3 years ago
8

Suppose that the economy is experiencing a recession with an estimated recessionary gap of $10 billion. Congress is considering

the use of fiscal policy to ease the recession, but due to current political sentiments, it has determined that the maximum spending increase the government is willing to support is $3 billion. It wants to make up the remainder of the recessionary gap using tax cuts.
If a spending increase of $3 billion is approved and the MPC is 0.6, by how much will taxes need to be reduced to close the remainder of the recessionary gap?
Mathematics
1 answer:
Tju [1.3M]3 years ago
6 0

Answer:

4.66 billion

Step-by-step explanation:

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How to you get the radical form?
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Answer:

Note: this answer is kind of long so jump to picture to see a visual process.

In order to find the simplest radical form of a square root, you need prime factorize the number. In order to do this, you take a number and divide it by different prime numbers until all of its factors are now prime. We will use 24 as our example. 24 divided by 2 (which is prime) is 12. 12 divided by 2, is 6. 6 divided by 2 is 3. Therefor, our prime factorization of 24 is 2^3 * 3, which basically means 8 * 3. Then, take take out pairs of the same number and put on the OUTSIDE of the root. However, make sure that it is NEXT to the square root and not inside the mini hook that the square root makes. This means that that number is multiplying the square root of the number. Now, the only pair in this prime factorization is 2, so take two out of the prime factorization and that leaves us with square root 6 times 2, which is the answer.

Also, when taking out pairs, only take one number from the pair (in this case 2) and put it on the outside. If there is another pair, multiply that number by the other number. So if there was a pair of 3 and a pair of 2, take out 1 three and 1 two and multiply them and put on the outside.

Step-by-step explanation:

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5 0
3 years ago
Which real-world scenario can be described using the algebraic expression c/4?
Romashka [77]

Answer:

Baking c cookies and dividing them evenly among 4 friends.

Step-by-step explanation:

7 0
3 years ago
Math Scores
iogann1982 [59]

Answer:

90

Step-by-step explanation:

100-10=90

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3 years ago
margo is repaying a loan from her parents. she has already paid $315 and still owes them $1245. write an equation to find the or
ExtremeBDS [4]

Answer:

n-315=1245

Step-by-step explanation:

n stands for the original amount of the loan. Margo has paid $315, so the original number minus what Margo has paid, and the equality is the amount that Margo still owes.

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2 years ago
Factor out the gcf from 6x10 - 96x2
expeople1 [14]

Answer:

6 x ^2

Step-by-step explanation:

6 0
3 years ago
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