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- 1. Positive feedback loops 1. Consider two variables: X and Y. True or False: A positive feedback loop arises when X increases Y, and Y decreases X. A. True B. False 2. Consider the following scenario: You deposit an initial balance into an interest-bearing savings account. This cash deposit results in an interest payment credited to that account, further growing the account balance. This interaction between the size of the interest payments and overall amount of funds in your account A. is B. is not an example of a positive feedback loop.Variables expressed in terms of ...... are called ...... variables a) physical units / endogenous b) exogenous units / real c) money / nominal d) phsical units / real e) endogenous units / nominalMOER The table below shows how supply and demand Price ($/gal) Demand (million of gal.) 1 1.2 790 700 1.4 640 1.6 580 1.95 497 2.2 450 2.4 430 2.6 420 2.8 390 3 360 Note: there is some randomization in the above data to account for price fluctuations. Make sure to check that you input the correct data in your device. Perform the following work • Assume that Supply has a quadratic relationship with the price. Find this relationship (the help buttons contain an article to compute trend-lines in Excel): -21.935p² + 207.365p+339.085 Round your answer to 3 decimal places S(p) ● D(p): = 1.53 • Assume that the Demand has a quadratic relationship with the price. Find this relationship (the help button links to an article to compute trend-lines in Excel): 85.561p² - 543.789p + 1236.729 Round your answer to 3 decimal places Video Solve | Sn... of gasoliine vary depending on the price: Supply (million of gal.) 511 550 600 641 660 680 700 720 735 786 605 - • Use the trendlines to find the price…
- What is meant by dummy variable and how dummy variables are constructed?Imagine you have R1,000 in cash, and you deposit this money into a savings account at a bank. Whatfunction of money is this action demonstrating?A. Medium of ExchangeB. Unit of AccountC. Store of ValueD. Measure of ValueCompute the MUx, MUy, AUx and AUy. Compute the MUx, MUy, AUx and AUy. Given: Q=1, 2, 3, 4, 5, 6, 7, 8, 9, 10. TUx=10, 24, 28, 30,35, 35,29, 25, 18,12. TUy=12, 26, 30, 32, 35, 35, 31, 27, 19, 12.
- . Average revenue is. A) price multiplied by the number of units sold. B) the extra revenue gained by selling one more unit. C) total revenue divided by the number of units sold. D) expected sales revenue in an average week, month or year.Why should the weight reference be 12 consecutive months? (Select all that apply) D a. Account for seasonal availability of products b. Account for seasonal pricing patterns of products c. Account for expenditure on life events-births, deaths, graduations, etc. d. Account for expenditure on holidays and festivals e. Account for expenditure of touristsquestion: Please find the effect of Y and r if there is an increase in the tax rate. Use the following equations and evaluate the total derivative.
- In the graph below, the which variable is NOT held constant? [Select] The red, dashed line is the [Select] 8 14 22 Line A X Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Calculate e) and f) Thank you.An index number that measures a basket of related items is called?