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Explain what is meant by the rate of inflation and  analyse the main causes of inflation

Inflation is a sustained increase in the general price level leading to a fall in the purchasing power or value of money. The rate of inflation is measured by the annual percentage increase in the level of c...
KL
Answered by Katie L. • Economics tutor
3628 Views

What is a hurricane and outline the structure of a hurricane

A hurricane is a type of tropical cyclone, which is a generic term for a low pressure system that generally forms in the tropics. The cyclone is accompanied by thunderstorms and, in the Northern Hemisphere, ...
KL
Answered by Katie L. • Geography tutor
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You are given the equation y=x^2. Determine whether or not the equation has any maximums or minimums and identify them (whether they are maximums or minimums).

The question has given us a function and wants us to determine whether or not any maximums/minimums exist (and if so identify then). We know maximums/minimums occur when the derivative of the equation is equ...
LM
Answered by Lana M. • Maths tutor
3435 Views

Find the area enclosed between the curves y = f(x) and y = g(x)

Don't forget, in order to find the area under a curve y=f(x) between two values x=a and x=b we integrate f(x) between a and b.Thus to find the area enclosed between two curves y=f(x) and y=g(x) we simply nee...
MG
Answered by Matthew G. • Maths tutor
6350 Views

Explain how a decrease in interest rates affects real GDP and inflation. When may a decrease in the interest rate not affect real GDP?

When interest rates decrease, this decreases the cost of borrowing and reduces the reward for saving. As a result, there is a higher incentive for firms and individuals to borrow/spend and a lower incentive ...
IB
Answered by India B. • Economics tutor
18480 Views