Depending on whether a small European country faces a surplus or a budget deficit, the sales tax is adjusted: taxes are rased when deficit is observed, and cut when there is a surplus observed. Presented graph shows historical sales tax since 1933. T(x) (in cents) represent the sales tax per euro (latest name of their currency) spent in year x. Note that '09 represents 2009. Find correct answers to the following: a. lim T(x) x-51 c. lim T(x) x-49* e. T(49) b. lim T(x) x-49 d. lim T(x) X-49 f. Was 1973 a year of deficit or surplas Select the choices that the best represents your observations. Fill in the answer box within your choice, if applicable. OA. lim T(x)= cents b. x-51 (Round to one decimal place as needed.) B. The limit does not exist. OA. lim T(x)= ☐ cents x-49 (Round to one decimal place as needed.) B. The limit does not exist. Tix) 8 '90 02 35'43'49 + '67 74 '01 '09 x '89'91 1933 Year C. A. lim T(x)= cents d. X-49* (Round to one decimal place as needed.) B. The limit does not exist. A. lim T(x)= cents x-49 (Round to one decimal place as needed.) B. The limit does not exist. e. T(49)= cents
Depending on whether a small European country faces a surplus or a budget deficit, the sales tax is adjusted: taxes are rased when deficit is observed, and cut when there is a surplus observed. Presented graph shows historical sales tax since 1933. T(x) (in cents) represent the sales tax per euro (latest name of their currency) spent in year x. Note that '09 represents 2009. Find correct answers to the following: a. lim T(x) x-51 c. lim T(x) x-49* e. T(49) b. lim T(x) x-49 d. lim T(x) X-49 f. Was 1973 a year of deficit or surplas Select the choices that the best represents your observations. Fill in the answer box within your choice, if applicable. OA. lim T(x)= cents b. x-51 (Round to one decimal place as needed.) B. The limit does not exist. OA. lim T(x)= ☐ cents x-49 (Round to one decimal place as needed.) B. The limit does not exist. Tix) 8 '90 02 35'43'49 + '67 74 '01 '09 x '89'91 1933 Year C. A. lim T(x)= cents d. X-49* (Round to one decimal place as needed.) B. The limit does not exist. A. lim T(x)= cents x-49 (Round to one decimal place as needed.) B. The limit does not exist. e. T(49)= cents
Chapter8: Relationships Among Inflation, Interest Rates, And Exchange Rates
Section: Chapter Questions
Problem 4ST
Related questions
Question
Transcribed Image Text:Depending on whether a small European country faces a surplus or a budget deficit, the sales tax is adjusted: taxes are rased when deficit is observed,
and cut when there is a surplus observed.
Presented graph shows historical sales tax since 1933. T(x) (in cents) represent the sales tax per euro (latest name of their currency) spent in year x.
Note that '09 represents 2009.
Find correct answers to the following:
a. lim T(x)
x-51
c. lim T(x)
x-49*
e. T(49)
b. lim T(x)
x-49
d. lim T(x)
X-49
f. Was 1973 a year of
deficit or surplas
Select the choices that the best represents your observations. Fill in the answer box within your choice, if applicable.
OA. lim T(x)= cents
b.
x-51
(Round to one decimal place as needed.)
B. The limit does not exist.
OA. lim T(x)= ☐ cents
x-49
(Round to one decimal place as needed.)
B. The limit does not exist.
Tix)
8
'90
02
35'43'49
+
'67 74
'01 '09 x
'89'91
1933
Year
Transcribed Image Text:C.
A.
lim T(x)=
cents
d.
X-49*
(Round to one decimal place as needed.)
B. The limit does not exist.
A. lim T(x)= cents
x-49
(Round to one decimal place as needed.)
B. The limit does not exist.
e. T(49)=
cents
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