The economy of Rayton can be described by the following statistics:

Current real GDP = $10,000

Full employment real GDP = $12,000

Tax revenue = $3000

Government transfer payments = $1000

Government spending = $3000

a) In what stage of the business cycle is the Rayton economy? Explain.

b) What is the current budget balance in Rayton? Show your work.

c) Senator Fullington, an influential politician in Rayton, has argued that the budget must be

balanced. How could this be accomplished? How would balancing the budget affect real GDP in

Rayton?

Answers

Answer 1

Based on the current real and the full employment real GDP, Rayton's economy is at a Recession stage.

The current budget balance in Rayton is -$1,000. The budget can be balanced by reducing government spending or increasing taxes. Both of these would decrease real GDP.

What does the economic data on GDP show?

The fact that the current real GDP is less than the full employment GDP shows that the nation is at a recession stage where it is underperforming.

What is the current budget balance?

This can be found as:

= Government revenue(taxes) - government spending

= 3,000 - 1,000 - 3,000

= -$4,000

In order to make a balanced budget where government revenue will equal government spending, the government either needs to reduce spending or increase revenue ( taxes ).

Increasing taxes or reducing spending, will lead to less money available for spending in the economy which will lead to a decrease in real GDP.

Find out more on government spending at https://brainly.com/question/25125137.

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Related Questions

b) Write 25 x 10^6in standard form.

Answers

Answer:25,000,000

Step-by-step explanation: add 6 zeroes behind the 25

Please help I don’t understand how to solve 13 and 14

Answers

Answer:

b.  4x + 22

Step-by-step explanation:

(x+5) + (x+5) + (x+6) + (x+6) = 4x + 22

the correct answer is b

Santana is plotting points on a graph.
The ratio of y-value to x-value is 3 to 4 for each point.

What will be the x-value of a point with a y-value of 12?
Evan’s family drove to a theme park for vacation.
They drove the same speed throughout the trip.

The first day, they drove 300 miles in 6 hours.
The second day, they drove 250 miles in 5 hours.
The third day, they arrived at the park after driving for 3 hours.

How many miles did they drive on the third day?

Answers

The x value to a Y value of 12 = 16
Reason: y/x. 3/4 = 12/?
3x4=12
4c4=16 your answer
—————
2nd question
300/6 hrs = 50 mph
250/5 hrs = 50 mph
So multiply 50 mph x 3 hours = 150 miles on 3rd day

Answer answer please please

Answers

Answer: the answer is the second choice .

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Step-by-step explanation: as the second one is bigger than the first one .

Mr. Greg had $300 to
purchase equipment
for summer camp. He
bought 6 basketballs
and 6 soccer balls.
Each basketball cost
$16.98, and each
soccer ball cost
$13.79.

Answers

Answer:

c

Step-by-step explanation:

6 x 16.98 = 101.88

+ 6 x 13.79 = 184.62

300 - 184.62 = 115.38

Answer:

$115.38

Step-by-step explanation:

6×$16.98=$101.88=cost of basketballs

6×$13.79=$82.74=cost of soccer balls

cost of basketballs + cost of soccer balls = total cost

$101.88+$82.74=$184.62

money to purchase - total cost = leftover money

$300.00 - $184.62 = $115.38

hope this helps

please can i get brainliest

Two bags of grass seed cover 1,500 square feet of ground. If Mitch’s front yard is 1,850 square feet and his back yard is 5,635 square feet, how many bags of grass seed would he need to buy to completely cover his front and back yard?

Answers

Answer:

50

Step-by-step explanation:

Answer:

the answer is 50, it's actually very easy

The minute hand on a watch is 14 millimeters long. In the
of Y
Jourse
of an hour, how much area does it cover? Leave answers in terms of pi
A)
77 mm
B)
2871 mm
c)
497 mm2
D)
19671 mm

Answers

Answer:

the answer is the number of the color of the alphabet 2871 mm

Which rectangular prism has greater volume?
Some of the cubes might be hidden behind other cubes. Try to visualize all of the cubes.

Answers

Answer:

Blue

Step-by-step explanation:

Volume = lwh - Length x Width x Height

Blue = 4 x 3 x 4  = 48 cm³

pink = 2 x 5 x 4 = 40 cm³

There are 8 pink beads and 22 purple beads on Myra's necklace. What is the ratio of the number of purple beads to the number of pink beads?



____ to _____

Answers

Answer:

22 to 8

Step-by-step explanation:

purple beads-> 22

pink beads-> 8

ratio of purple beads to pink beads-> 22:8

NEED HELP ASAP

3(x+2)=18​

Answers

Answer:

x=4

Step-by-step explanation:

3x + 6 = 18

3x = 18 - 6 = 12

x = 4

3x+6=18
Subtract 6 on both sides
3x= 12
Divide by 3 both sides
Answer X= 4

write algebraic expressions to represent the following:
a) the sum of x and y b) the product of m and 7
c) the cost of 3 movie tickets at m dollars each d) 3 less than n, all divided by 4

Answers

Answer:

a) x + y

b) m x 7 or 7m

c) m x 3 or 3m

d) [tex]\frac{n - 3}{4}[/tex]

Step-by-step explanation:

a) the sum of x and y

- the sum most likely always means addition

b) the product of m and 7

- the product usually means multiplucation

c) the cost of 3 movie tickets at m dollars each

- so your getting 3 movie tickets at $m

the total would be m + m + m which is the same as mutiplying m by 3

d) 3 less than n, all divided by 4

- 3 less than n

less than usually means subtraction

than divided by 4

[tex]\rule{200}{2}\\\dashrightarrow\large\blue\textsf{\textbf{\underline{Given question:-}}}[/tex]

            write algebraic expressions to represent the following:

a) the sum of x and y b) the product of m and 7

c) the cost of 3 movie tickets at m dollars each d) 3 less than n, all divided by 4

[tex]\dashrightarrow\large\blue\textsf{\textbf{\underline{Answer and how to solve:-}}}[/tex]

First, "the sum of" indicates that we add.

Since we're asked to find the sum of x and y, we need to add them:-

x+y

Now, the "product of" indicates that we multiply.

So we multiply m times 7, which can be written as follows:-

7m

If we have 3 movie tickets, and each of them costs m dollars, then in order to find the cost of all 3 movie tickets, we need to find the product of the total number of tickets times the cost of one ticket:-

So we multiply 3 times m, or

3m

Now, "3 less than n" indicates that we subtract 3 from n; this expression is divided by 4, or:-

[tex]\bold{\dfrac{3-n}{4}}[/tex]

Good luck with your studies.

         [tex]\rule{200}{1}[/tex]

(PLEASE HELP) Reflect (-5,1) in the x axis followed by the y axis.

Answers

Answer:

(-5, -1)

Step-by-step explanation:

URGENT HELP!!!
In a recent poll, 18% of seniors said they will attend the upcoming prom. Twenty seniors chosen at random were asked if they plan to attend the prom. What is the probability that at most 5 seniors will attend the prom?
Question 3 options:

0.136

0.149

0.758

0.864

Answers

Using the binomial distribution, it is found that there is a 0.864 = 86.4% probability that at most 5 seniors will attend the prom.

What is the binomial distribution formula?

The formula is:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

The parameters are:

x is the number of successes.n is the number of trials.p is the probability of a success on a single trial.

In this problem, we have that:

18% of seniors said they will attend the upcoming prom, hence p = 0.18.Twenty seniors chosen at random were asked if they plan to attend the prom, hence n = 20.

The probability that at most 5 seniors will attend the prom is given by:

[tex]P(X \leq 5) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4) + P(X = 5)[/tex]

In which:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{20,0}.(0.18)^{0}.(0.82)^{20} = 0.0189[/tex]

[tex]P(X = 1) = C_{20,1}.(0.18)^{1}.(0.82)^{19} = 0.0829[/tex]

[tex]P(X = 2) = C_{20,2}.(0.18)^{2}.(0.82)^{18} = 0.1730[/tex]

[tex]P(X = 3) = C_{20,3}.(0.18)^{3}.(0.82)^{17} = 0.2278[/tex]

[tex]P(X = 4) = C_{20,4}.(0.18)^{4}.(0.82)^{16} = 0.2125[/tex]

[tex]P(X = 5) = C_{20,5}.(0.18)^{5}.(0.82)^{15} = 0.1493[/tex]

[tex]P(X \leq 5) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) + P(X = 4) + P(X = 5) = 0.0189 + 0.0829 + 0.1730 + 0.2278 + 0.2125 + 0.1493 = 0.864[/tex]

0.864 = 86.4% probability that at most 5 seniors will attend the prom.

More can be learned about the binomial distribution at https://brainly.com/question/24863377

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The perimeter of a rectangle is 48 feet, and the length is 16 feet. what is the area?

Answers

A= L•W
A= 16•8
A=128ft
The area of this rectangle is 128ft

Answer: [tex]128ft^2[/tex]

Step-by-step explanation:

If the 16ft is the sum for both sides already means the first length is 8ft and also the second length is 8ft. then since there are 32 ft more left, you divide it by two since there were two widths left, the values of the two widths are 16ft each. so the sum of the two widths is 32ft. and that's the final answer.

[tex]Length=16[/tex]

[tex]Perimeter=48[/tex]

[tex]Using ~the ~formulas:[/tex]

[tex]A=wl[/tex]

[tex]P=2(l+w)[/tex]

[tex]Solving ~for~A:[/tex]

[tex]A=P\frac{l}{2} -l^2=48[/tex] × [tex]\frac{16}{2} -16^2=128ft^2[/tex]

The axis of symmetry for the graph of the function f(x)=3x2 bx 4 is x equals three-halves. what is the value of b? −18 −9 9 18

Answers

Using the vertex of the quadratic equation, it is found that the value of b is of -9.

What is the vertex of a quadratic equation?

A quadratic equation is modeled by:

[tex]y = ax^2 + bx + c[/tex]

The vertex is given by:

[tex](x_v, y_v)[/tex]

In which:

[tex]x_v = -\frac{b}{2a}[/tex]

[tex]y_v = -\frac{b^2 - 4ac}{4a}[/tex]

The axis of symmetry is [tex]x = x_v = -\frac{b}{2a}[/tex].

Considering the coefficient a, we have that:

If a < 0, the vertex is a maximum point.If a > 0, the vertex is a minimum point.

In this problem, we have that the function is defined as follows:

[tex]f(x) = 3x^2 + bx + 4[/tex]

We have that [tex]a = 3, x_v = \frac{3}{2}[/tex], hence the value of b is found as follows:

[tex]x = -\frac{b}{2a}[/tex]

[tex]\frac{3}{2} = -\frac{b}{6}[/tex]

b = -6 x 3/2

b = -9.

More can be learned about the vertex of a quadratic equation at https://brainly.com/question/24737967

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Find its x-coordinate.

Answers

Answer:

2.5

Step-by-step explanation:

The formula to find the midpoint of a line segment: [tex](\frac{1}{2}x_{1} + \frac{1}{2}x_{2}, \frac{1}{2}y_{1} + \frac{1}{2}y_{2})[/tex]

Where:

[tex]x_{1} = -5\\x_{2} = 10\\y_{1} = 9\\y_{2} = 8[/tex]

1) Substitute the values into the midpoint formula.

[tex](\frac{1}{2}*-5 + \frac{1}{2}*10, \frac{1}{2}*9 + \frac{1}{2}*8)[/tex]

2) Solve it.

= [tex](-2.5 + 5, 4.5 + 4)[/tex]

= (2.5, 8.5)

9(-5x+8) help Plss …

Answers

Answer:

-45x + 72

Step-by-step explanation:

Q) 9(-5x + 8) = ?

→ 9(-5x + 8)

→ (-5x × 9) + (8 × 9)

→ -45x + 72

Thus, the answer is -45x + 72.

Solve th simultaneous equations
3x + y = 17
2x +y = 12

Answers

Answer:

I can't I'm blind and Def

-4(x-4)=-44
Please answer this with how you got the answer.

Answers

Answer: x = -15

Step-by-step explanation:

Think PEMDAS

First, we factor the parenthesis:

-4 (x-4) = -4(x) + -4(-4)

now we are left with -4x + 16 = -44

Next is to isolate the "x":

to do this, we must subtract 16 from -44

-44 - 16 = 60

now we have -4x = 60

Now we divide both sides by -4 in order to isolate "x"

dividing -4x/-4 = x

diving 60/-4 = -15

the answer is x= -15

find all the positive integers less than 1000 that are divisible by 2,3,5 and 7

Answers

210, 420, 630, 840
multiples of 2*3*5*7
210, 420,630, 840 multiply of 2*3*5*7

The number line shows the locations of points P 0. R. and S 털 HR & -7 -6 = Which points have a distance of 5 units between them? A. point P and point S B. point Q and point R C. point Q and point S D. point R and points​

Answers

Answer: point P and point S

Step-by-step explanation:

took the test

Answer:

to be honest i don't know sorry

Step-by-step explanation:

see attachment below.

Answers

27.2 in.

Step-by-step explanation:

Using 2 pi r theta over 360°

Arc length =2/3 x pi x 13 in.

=27.227136 in.

. The following set of ordered pairs represents y as a function of x. Which
the following could be
the missing ordered pair?
{(9, 8), (-2, -14), (6, 2), (-3, -16), (_,_}?

Answers

Answer: Justice

Step-by-step explanation: The answers justice

Learning Task 2 A. Calculate the mean, median and mode. (3 points each) 1.) 1, 2, 3, 4, 5 2.) 2, 3, 4, 5, 6, 6 3.) 6, 7, 5, 4, 5, 6,2, 5​

Answers

Answer:

the median will be 5

the mode will be 1300

the mean is I don't know.

Step-by-step explanation:

I don't know exactly but I am trying

An airport in Death Valley is 60 feet below sea level, and an airplane is flying at 2000 feet above sea level.



How many feet must the plane descend in order to land?

A.2060
B.2000
C.1940
D.1880
E.1400

Answers

Answer:

A

Step-by-step explanation:

Sea level is defined as 0 ft and anything above or below is not sea level so

So . .

If the landing strip is 60 feet below sea level and the plane is flying 2000 feet above sea level just add them together

60 + 2000 =2060

According to attachment

B is sea levelA is planeC is airport

Distance

AB+AC2000+602060ft

4 of 10
As an estimation we are told 5 miles is 8
km.
Convert 100 km to miles.
miles

Answers

8km=5miles

1miles= 5/8=0.625mile

100km = 100x0.625=63.5 miles

[tex]\sf Solve \;it \; with \; steps:-[/tex]
[tex]\bf 3\left(2x+2\right)=\:4x-10[/tex]

~ frεε

Answers

Answer:

[tex]\boxed{\sf \bold{x = -8}}[/tex]

Explanation:

3(2x+2)= 4x -10

apply distributive method: a(b+c) = ab + ac

3(2x) + 3(2) = 4x - 10

multiply

6x + 6 = 4x - 10

subtract both sides by 4x

6x + 6 - 4x = 4x - 10 -4x

simplify

2x + 6 = -10

subtract both sides by 6

2x + 6 -6 = -10 -6

simplify

2x = -16

divide both sides by 2

x = -8

[tex]\qquad\qquad\huge\underline{{\sf Answer}}[/tex]

[tex] \textbf{Let's solve :} [/tex]

[tex]\qquad \sf  \dashrightarrow \:3(2x + 2) = 4x - 10[/tex]

[tex]\qquad \sf  \dashrightarrow \:6x + 6 = 4x - 10[/tex]

[tex]\qquad \sf  \dashrightarrow \:6x - 4x = - 10 - 6[/tex]

[tex]\qquad \sf  \dashrightarrow \:2x = - 16[/tex]

[tex]\qquad \sf  \dashrightarrow \:x = - 16 \div 2[/tex]

[tex]\qquad \sf  \dashrightarrow \:x = - 8[/tex]

[tex] \textsf{Hence, value of x is -8} [/tex]

If angles a & b are vertical angles and the measure of angle a is 123 degrees and the measure of angle b is 3x, what is the value of x?

Answers

Answer:

x = 41

Step-by-step explanation:

vertical angles are congruent , then

3x = 123 ( divide both sides by 3 )

x = 41

Help me on this Math Problem! DUE TONIGHT!!

Answers

Answer:

see the attachment!

A solid with surface area 216 square meters and volume 324 cubic meters is dilated by a
scale factor of k to obtain a solid with surface area 24 square meters.
Find the value of k which leads to an image with the given surface area.

Find the volume of the dislates solid

Answers

Answer:

A solid with surface area 216 square meters and volume 324 cubic meters is dilated by a scale factor of k to obtain a solid with surface area 24 square meters. Find the value of k which leads to an image with the given surface area.  Find the volume of the dilated solid.

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