Solve the Equation $4 e ^ { 5 m - 5 } - 2 = 14$

question 286

Multiple Choice

Solve the equation. Write the solution set with the exact values given in terms of natural or common
logarithms. Also give approximate solutions to 4 decimal places, if necessary.
- $4 e ^ { 5 m - 5 } - 2 = 14$

• A) \(\left\{ \frac { \ln 4 + 5 } { 5 } \right\} ; m = 1.2773\)
• B) \(\left\{ \frac { \ln 3 + 5 } { \ln 5 } \right\} ; m = 3.7893\)
• C) \(\left\{ \frac { \ln 3 + 5 } { 5 } \right\} ; m = 1.2197\)
• D) \(\left\{ \frac { \ln 4 + 5 } { \ln 5 } \right\} ; m = 3.9680\)

Differentiate between GDP and Net Domestic Product (NDP), and understand the role of depreciation.

Recognize the factors contributing to the underestimation or overestimation of GDP, including the underground economy and non-market transactions.

Identify the relationship between nominal GDP, real GDP, and the GDP deflator as indicators of economic health.

Distinguish between final goods and services and intermediate goods to prevent double counting in GDP calculation.

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