Translate the Verbal Model into a Mathematical Model $c = 12 b$

question 306

Multiple Choice

Translate the verbal model into a mathematical model. The product of the number of boxes b of crayons in a case and 12 gives the number of crayons c in a case.

• A) \(c = 12 b\)
• B) \(c = \frac { b } { 12 }\)
• C) \(c = \frac { 12 } { b }\)
• D) \(c = 12 + b\)
• E) \(c = 12 - b\)

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Definitions:

Open Market Operations

The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.

Inflation

The speed at which the overall price level of goods and services increases, leading to a decline in the currency's buying power.

Interest Rates

The cost of borrowing money or the reward for saving, usually presented as a percentage.

Bond Prices

The market price at which a bond is traded, which inversely varies with interest rates and the bond's perceived risk.