Mathematics, 30.08.2019 13:20 2Dgames
The formula is used in economics to determine the impact on gross domestic product (gdp) x by increasing government spending by d dollars if the proportion of additional income that people spend is h.
(a) solve the formula for h.
(b) find h if the government increased spending by $400 billion and gdp increased by $4000 billion.
Answers: 1
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The formula is used in economics to determine the impact on gross domestic product (gdp) x by incre...
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