Solve the Problem for the Given Information $I$ And the Positive $x$

question 55

Multiple Choice

Solve the problem for the given information.
-Find the equation of a line passing through the origin so that the cosine of the angle between the line in quadrant $I$ and the positive $x$ -axis is $\frac { 1 } { 2 }$ .

• A) \(y = \frac { \sqrt { 3 } } { 3 } x\)
• B) \(y = \frac { 1 } { 2 } x\)
• C) \(y = \sqrt { 3 } x\)
• D) \(y = \frac { \sqrt { 3 } } { 2 } x\)

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Definitions:

Aggregate Demand Curve

A graph that shows the relationship between the total quantity of goods and services demanded (from all sectors including household, business, and government) and the price level, all else being equal.

Price Level

A measure of the average of current prices across the entire spectrum of goods and services produced in the economy.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate representation of an economy's size and how it's growing over time.

Consumer Wealth

The total value of assets owned by consumers, including savings, property, and investments, which can impact their spending and saving behaviors.