Calculate the Average Rate of Change of the Given Function

question 2

Short Answer

Calculate the average rate of change of the given function (Inflation (%)of Budget deficit (% of GNP))over the interval . Please enter your answer as a number without the units.

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Definitions:

Long Run

A period in which all inputs, including capital, are variable, allowing firms to adjust all factors of production.

Economic Costs

The comprehensive expense incurred from selecting one option over another, covering both direct and indirect costs.

Own Capital

The personal resources that an investor or business owner invests into a business venture.

Economic Costs

Total expenses incurred in the production of goods and services, including both explicit and implicit costs.