Write the Formula for the Reciprocal Method of Calculating Total

question 11

Short Answer

Write the formula for the reciprocal method of calculating total resistance for any number of resistors in parallel.

---

Definitions:

Equilibrium Interest Rate

The equilibrium interest rate is the interest rate at which the quantity of money demanded equals the quantity of money supplied, balancing savings and investments in the economy.

Equilibrium Interest Rate

The interest rate at which the quantity of loanable funds demanded equals the quantity of loanable funds supplied.

Loanable Funds

refers to the pool of funds available for borrowing, consisting of savings made available to borrowers in the financial markets.

Quantities Demanded

The total amount of a good or service that consumers wish to purchase at any given price level.