Rational expectations theory suggests that the speed of adjustment Purcell correction would be very quick.
<h3>What Is Rational Expectations Theory?</h3>
The rational expectations theory is a widely used concept and modeling technique in macroeconomics. Individuals make decisions based on three primary factors, according to the theory: their human rationality, the information available to them, and their past experiences.
The rational expectations hypothesis was originally suggested by John (Jack) Muth 1 (1961) to explain how the outcome of a given economic phenomena depends to a certain degree on what agents expect to happen.
- People who have rational expectations always learn from their mistakes.
- Forecasts are unbiased, and people make decisions based on all available information and economic theories.
- People understand how the economy works and how government policies affect macroeconomic variables like the price level, unemployment rate, and aggregate output.
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Answer:
α = - 1.883 rev/min²
Explanation:
Given
ωin = 113 rev/min
ωfin = 0 rev/min
t = 1.0 h = 60 min
α = ?
we can use the following equation
ωfin = ωin + α*t ⇒ α = (ωfin - ωin) / t
⇒ α = (0 rev/min - 113 rev/min) / (60 min)
⇒ α = - 1.883 rev/min²
Answer:
See explanation
Explanation:
The degradation of the drug is a first order process;
Hence;
ln[A] = ln[A]o - kt
Where;
ln[A] = final concentration of the drug
ln[A]o= initial concentration of the drug = 5 gm/100
k= degradation constant = 0.05 day-1
t= time taken
When [A] =[ A]o - 0.5[A]o = 0.5[A]o
ln2.5 = ln5 - 0.05t
ln2.5- ln5 = - 0.05t
t= ln2.5- ln5/-0.05
t= 0.9162 - 1.6094/-0.05
t= 14 days
b) when [A] = [A]o - 0.9[A]o = 0.1[A]o
ln0.5 = ln5 -0.05t
t= ln0.5 - ln5/0.05
t= -0.693 - 1.6094/-0.05
t= 46 days
Answer:
4
Explanation:
We know that intensity I = P/A where P = power and A = area through which the power passes through.
Now, let the initial intensity of the speaker be I₀ and its initial power be P₀. Since the intensity is increased by a factor of 4, the new intensity be I and new power be P.
So, I = P/A and I₀ = P₀/A
Now, if I = 4I₀,
P/A = 4P₀/A
P = 4P₀
Now, energy E = Pt, where t = time. So, P = E/t and P₀ = E₀/t
Substituting P and P₀ into the equation, we have
P = 4P₀
E/t = 4E₀/t
E = 4E₀
Since the energy is four times the initial energy, the energy output increases by a factor of 4.