As a Result of Increasingly Stiff Laws Aimed at Reducing

question 184

Short Answer

As a result of increasingly stiff laws aimed at reducing the number of alcohol-related traffic accidents in a certain state, preliminary data indicate that the number of such accidents has been changing at the rate of
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accidents/month t months after the laws took effect. There were 902 alcohol-related accidents for the year before the enactment of the laws. Determine how many alcohol-related accidents were expected during the first year the laws were in effect. Please round the answer to the nearest integer.
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__________ accidents

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Definitions:

Unemployed

Individuals who are without a job but are actively looking for work and available to start work.

Endogenous

Originating from within a system, referring to factors or variables in economic models that are determined by the dynamics within the model itself, as opposed to external influences.

Business Cycle

The natural rise and fall of economic growth that occurs over time, including periods of expansion, peak, recession, and recovery.

External Shocks

Events outside the economic system that can cause sudden and significant changes within an economy, such as natural disasters or geopolitical events.