Find the Point at Which the Line Given by the Parametric

question 30

Short Answer

Find the point at which the line given by the parametric equations below intersects the plane.
$$2 x + 4 y - 3 z = - 48 ; x = 10 + 7 t , \quad y = - 10 , \quad z = 7 t$$

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Definitions:

Price Level

The comprehensive mean price across all goods and services in the current economy.

Classical Dichotomy

A concept in economics that separates real variables, which are quantities or measures not adjusted for inflation, from nominal variables, which are adjusted for inflation.

Real GDP

A measure of the value of all goods and services produced within a country over a specific time period, adjusted for inflation.

Nominal Wage

The wage paid to employees in current dollars, without adjustment for inflation, reflecting the actual amount of money received.