Write the Word or Phrase That Best Completes Each Statement $x ^ { 3 } - 8 x - 3 = 0 ; - 1 \leq r \leq 0$

question 232

Short Answer

Write the word or phrase that best completes each statement or answers the question.
The equation has a solution r in the interval indicated. Approximate this solution correct to two decimal places.
- $x ^ { 3 } - 8 x - 3 = 0 ; - 1 \leq r \leq 0$

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Definitions:

Expected Inflation

The rate at which consumers, businesses, and investors expect prices to rise over a future period.

Long-run Phillips Curve

The long-run Phillips Curve is an economic concept that illustrates the relationship between inflation and unemployment, suggesting that in the long run there is no trade-off between these two factors.

Potential Output

The upper limit of real GDP sustainable over an extended period without inflating the inflation rate.

Phillips Curve

A graphical representation showing an inverse relationship between the rate of unemployment and the rate of inflation in an economy.