Solve the problem. During a recession, Congress decides to stimulate the economy by providing funds to hire unemployed workers for government projects. Suppose that t months after the stimulus program begins, there are N(t) thousand people unemployed, where N(t) = -t3 + 48t2 + 405t + 3067 To avoid overstimulating the economy (and inducing inflation), a decision is made to terminate the stimulus program as soon as the rate of unemployment begins to decline. When does this occur? At this time, how many people are unemployed? nonth the pr

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 64E
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Question 3
Solve the problem.
During a recession, Congress decides to
stimulate the economy by providing funds to
hire unemployed workers for government
projects. Suppose that t months after the
stimulus program begins, there are N(t)
thousand people unemployed, where
N(t) = -t3 + 48t² + 405t + 3067
To avoid overstimulating the economy (and
inducing inflation), a decision is made
to terminate the stimulus program as soon as
the rate of unemployment begins to decline.
When does this occur? At this time, how
many people are unemployed?
19 months after the beginning of the program;
1,146,000 people
16 months after the beginning of the program;
1,173,000 people
19 months after the beginning of the program;
21,231,000 people
O 16 months after the beginning of the program;
17,739,000 people
Transcribed Image Text:Question 3 Solve the problem. During a recession, Congress decides to stimulate the economy by providing funds to hire unemployed workers for government projects. Suppose that t months after the stimulus program begins, there are N(t) thousand people unemployed, where N(t) = -t3 + 48t² + 405t + 3067 To avoid overstimulating the economy (and inducing inflation), a decision is made to terminate the stimulus program as soon as the rate of unemployment begins to decline. When does this occur? At this time, how many people are unemployed? 19 months after the beginning of the program; 1,146,000 people 16 months after the beginning of the program; 1,173,000 people 19 months after the beginning of the program; 21,231,000 people O 16 months after the beginning of the program; 17,739,000 people
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