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Assess the effect inflation will have on three macro-economic objectives (18)

Firstly, identify three macro-economic objectives 1. Unemployment at 3% 2. Balance of payments surplus 3. Economic Growth of around 2-3% Inflation will compromise unemployment initially, as prices rise, more...
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Answered by Edward T. Economics tutor
19756 Views

Can you derive the Quadratic Formula?

For a general quadratic equation of the form ax 2 + bx + c = 0 (1) We will solve for x via the ‘Completing the Square‘ method: First we divide equation (1) through by a on both sides, yielding: x 2 +(b/a)x +...
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Answered by Kamran A. Maths tutor
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What is a stationary point and how do I find where they occur and distinguish between them?

A stationary point is simply a point on a graph where the derivative=0. Ie, the rate of change of the curve at this point is 0 and therefore it is neither increasing or decreasing at this point . There are t...
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Answered by Anna H. Maths tutor
13963 Views

How/when should I use the product rule for differentiation?

The product rule can be used to differentiate a function that is formed of the product of two other functions; e.g f(x)=x 2 e x the product rule is as follows; if f(x) is split up into u.v (in this case u wo...
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Answered by Abi T. Maths tutor
7289 Views

What is the Ontological argument?

Immanuel Kant defined the Ontological argument as an a priori (knowledge that is independent of experience) argument that uses ontology to prove that God exists. It is an argument that is concerned with bein...
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