Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

99. Sierpinski triangle The fractal called the Sierpinski triangle is the limit of a sequence of figures. Starting with the equilateral tri- angle with sides

image text in transcribed
image text in transcribed
99. Sierpinski triangle The fractal called the Sierpinski triangle is the limit of a sequence of figures. Starting with the equilateral tri- angle with sides of length 1, an inverted equilateral triangle with sides of length 1/2 is removed. Then, three inverted equilateral triangles with sides of length 1/4 are removed from this figure (see figure). The process continues in this way. Let T, be the total area of the removed triangles after stage n of the process. The area of an equilateral triangle with side length Lis A = V3L 4 a. Find 7, and 72, the total area of the removed triangles after stages 1 and 2, respectively. b. Find T, for n = 1, 2, 3, . ... c. Find lim T, d. What is the area of the original triangle that remains as n - co? Initial stage First stage Second stage 100. Multiplier effect Imagine that the government of a small com- munity decides to give a total of $ W, distributed equally, to all its citizens. Suppose each month each citizen saves a fraction p of his or her new wealth and spends the remaining 1 - p in the commu- nity. Assume no money leaves or enters the community, and all the spent money is redistributed throughout the community. a. If this cycle of saving and spending continues for many months, how much money is ultimately spent? Specifically, by what factor is the initial investment of $W increased? Economists refer to this increase in the investment as the multiplier effect. b. Evaluate the limits p - 0 and p - 1, and interpret their mean- ings. (See the Guided Project Economic stimulus packages for more on stimulus packages.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Symbolic Logic

Authors: William Gustason, Dolph E Ulrich

2nd Edition

1478616857, 9781478616856

More Books

Students also viewed these Mathematics questions