Solve $3 ^ { 3 x - 3 } = 729$

question 118

Multiple Choice

Solve: $3 ^ { 3 x - 3 } = 729$

• A) {3}
• B) {2}
• C) \(\left\{ \frac { 7 } { 2 } \right\}\)
• D) \(\left\{ \frac { 1 } { 2 } \right\}\)

Calculate the impact of changes in government spending and taxation on aggregate demand using the concept of the multiplier.

Analyze the effect of temporary versus permanent tax cuts on aggregate demand.

Identify the factors influencing the shift in the aggregate demand curve due to changes in fiscal and monetary policy.

Understand the concept of crowding out and its effect on fiscal policy effectiveness.

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Definitions:

Jointly Owned

Pertains to a property or asset that is owned by two or more parties, with rights and responsibilities shared among them.

Mutual Benefit

A situation or transaction that is advantageous to all parties involved.

Cooperative

Association of businesses or people jointly owned and operated by members for mutual benefit.

Windfall Profit Tax

A windfall profit tax is a higher tax rate applied to unexpected or unusually large profits generated by companies, often imposed during periods of economic boom or due to geopolitical events affecting commodity prices.