Suppose the average wage earner saves 15% of her take-home pay and spends the other 85%. Estimate the impact that a proposed $25 billion tax cut will have on the economy over the long run due to the additional spending generated. Round the answer to the nearest billion dollars.
?
$ __________ billion

Fill in the blank(s) with the appropriate word(s).


142

Mathematics

You might also like to view...

Determine if the given polar coordinates represent the same point.(1, ?/4), (-1, -?/4)

A. Yes B. No

Mathematics

For the supply equation , where x is the quantity supplied in units of a thousand and p is the unit price in dollars, determine the price at which the supplier will make 3 units of the commodity available in the market.   ? 

A. p = $37 B. p = $54 C. p = $43 D. p = $34 E. p = $61

Mathematics

Translate the sentence into an equation and solve it.The sum of fifteen and four times n is the same as the difference between three times n and seven. Find n.

A. 15 + 4n = 3n - 7,n = -22 B. 15 - 4n = 7 - 3n, n = 8 C. 15 + 4n = 3n - 7, n = 8 D. 15 + 4n = 7 - 3n, n = -1

Mathematics

Simplify the complex fraction.

A.
B.
C.
D.

Mathematics