Solve the Recurrence Relation Either by Using the Characteristic Equation $$a _ { n } = 3 n a _ { n - 1 } , \quad a _ { 0 } = 2$$

question 8

Short Answer

solve the recurrence relation either by using the characteristic equation or by discovering a pattern formed by the terms.
- $$a _ { n } = 3 n a _ { n - 1 } , \quad a _ { 0 } = 2$$

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Definitions:

Monetary Policy

Actions taken by a central bank, currency board, or other regulatory authorities to control the supply of money and interest rates in a country, aiming at managing economic growth and stabilizing the currency.

National Industrial Recovery Act

A 1933 U.S. legislation aimed at boosting economic growth by reducing unemployment and increasing purchasing power through regulations on wages, prices, and working hours.

Fixed Prices

Prices that do not change in response to market conditions.

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Government levies placed on the earnings or profits of businesses.