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Recent Questions by Kimberley Wright

  • Assume that the imaginary country experienced a recessionary

    Assume that the imaginary country experienced a recessionary gap of approximately 12.3 billion currency units in 2019. Its MPC is approximately 0.75. How much would the government have to change taxes to close the gap? Assume a horizontal SRAS. If the government should decrease taxes, enter a negative answer. Round your answers to one decimal place. Enter your answer without the word "billion" (do not add 9 extra zeros).
  • A deli sells small, medium, and large box lunches. Each can

    A deli sells small, medium, and large box lunches. Each can of soda costs $1 and each bag of chips costs $1. Each sandwich costs s dollars. Some customers buy box lunches, and some customers buy items separately. Use this and the information below to solve Parts A, B, and C.
    Michelle buys 6 sandwiches and 2 sodas. Her total cost is 8s +2
    Beyonka buys small box lunches. These box lunches include 1 sandwich, 1 soda, and 1 bag of chips. Her total cost is 6(s+2)
    Duff buys 3 medium box lunches. These box lunches do not include soda. Her total cost is 3(2s+3)
    Each medium box lunch purchased by Duff contains two sandwiches and three bags of chips. If sandwiches cost $7.75, what is Duff's total cost? *
  • Bought fruit from the grocery store. The variables below

    Juan bought fruit from the grocery store. The variables below define his purchase. Juan’s bananas cost half as much as apples. Which equations can be used to model his purchase? Select each correct equation. *
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