Consumption function

based on the UK economy. The Uk economy is an open economy, so we will use the equation Y= C+I+G+(X-M). We found data on the different variables that are involved in finding the National income that allowed us to construct a national income model. We used figures for 2014. UK National Income model approximations The variables we need include: • A consumption function, C = a + b(Y-T) • An import demand function, M = k + mY • Exogenous variables, representing investment, I*, exports, X*, government expenditure, G* • A tax revenue function, T = tY + T* • Equilibrium condition for Y National income in the uk In 2014 the GDP in the UK came to $2522.26 Billion. We will use this…

Francisco Gutierrez 03.03 Linear Functions 1. The equation we have is 2x+3y=1200. The first thing you would need to do in the equation is subtract 2x to both sides. 2x cancels out and now we subtract 2x and 1200. You would end up getting 3y=2x-1200. Then finally, you would have to divide everything by -3. Your final answer for this question is y=-2/3x+400. Your slope is -2/3 and your y-intercept is 400. 2. So we know that our slope is -2/3 and the y-intercept is 400. You have one point on the…

New Balance is moving into a toning market with a pair of attractive shoes that has hidden balance technology. The purpose is to present, “Why walk when you can tone your body”, when you’re simply just walking or even doing your everyday chores. True Balance shoes promises 29% muscle activation and 10% calorie burn. Many women are getting intrigued with the idea of losing weight by these shoes from the percentages, but what if they percentages were lower. Would you still buy them? Even though,…

The Result With full data sheet of Rampo Valley Reservation park and Harriman State Park, we determine the relative density, frequency, relative frequency, relative dominance and important value. <Table 1> is Ramapo Valley Reservation Park’s table . <Table 2> is Harriman State Park’s table. Relative density is percentage of number of individual of one species by sum of the individuals of all species. Relative frequency is percentage of frequency by sum of the frequencies of all…

To ensure an athlete may return to play as soon as possible, a variety of rehabilitation processes should be implemented. These should include progressive mobilisation, graduated exercise (including stretching, conditioning and total body fitness), training and the use of hot and cold applicants. When each step is correctly addressed, it will increase the likelihood of a speedy reintroduction to sport. Progressive mobilisation is necessary to enhance the range of movement available. A…

With 11 billion dollars being squandered. With the money that is being used for luxury items and events, the U.S. could be feeding the homeless, building communities, funding schools and universities, and so much more. This is just one of the many examples of money being mismanaged and therefore causing overconsumption to drastically affect our lives.Over consumption is constantly being overlooked as a major problem in today's society, which is why awareness must be raised. The world is too…

Fundamental Theorem of Calculus The Fundamental Theorem of Calculus evaluate an antiderivative at the upper and lower limits of integration and take the difference. This theorem is separated into two parts. The first part is called the first fundamental theorem of calculus and states that one of the antiderivatives of some function may be obtained as the integral of the function with a variable bound of integration. The second part of the theorem, called the second fundamental theorem of…

John Gutmann was one of America’s most distinctive photographers. Gutmann was born in Germany where he became an artist. He later fled Germany due to the Nazi’s because he was a Jew. Gutmann moved to San Francisco and re-established himself as a photojournalist captivating the lives of Americans. He mainly took photographs of people who were imperfect like himself because of his Jewish nationality. Gutmann targeted the poor, circus folk, the gay community and the rich. Two of Gutmann’s works are…

The fundamental theorem of Calculus: The fundamental theorem of calculus asserts the interrelated properties of integration and differentiation. It says that a function when differentiated, can be brought back by integrating (anti-derivative) or a function when integrated, can be brought back by differentiation. First theorem: Let f be a function that is integrable on [a,x] for each x in [a,b], then let c be such that a≤c≤b and define a new function A as follows, A(x)=∫_c^x▒f(x)dt, if a≤x≤b.…

the equation & based off what I did I'm assuming that his possible answer came out not to be an real answer to his problem & that is mainly because the equation itself is not true when eighty one is inserted for the letter x in the default problem. Okay so basically for this particular problem we have to think of f of x as basically the y value if that makes sense. So this would mean that if you use addition for the number two & + to the letter y we will see the function go up by two. The…