Round Answer to the Nearest Hour

question 31

Multiple Choice

round answer to the nearest hour
Find an equation of variation for the given situation.
-r varies directly as s , and r=0.3333 when s=1 .

• A) r= 2 s
• B) r=3 s
• C) r=0.3333 s
• D) r=4 s

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Definitions:

Discount Rate

The interest rate set by central banks that is charged to commercial banks for loans, influencing monetary policy and the money supply.

Severe Recession

An unusually deep and prolonged downturn in economic activity that exceeds the standard definition of a recession, often marked by significant declines in GDP and employment.

Interest Rates

The cost of borrowing money or the return on invested savings, typically expressed as a percentage of the principal amount per year.

Deposit Expansion Multiplier

The ratio of the amount by which deposits can increase to the original amount of new reserves; it shows how money multiplies in the banking system.