A vertical plate is submerged (or partially submerged) in water and has the indicated shape. Explain how to approximate the hydrostatic force against one side of the plate by a Riemann sum. Then express the force as an integral and evaluate it.
Chapter 10: Credit Markets 10.1 – What is the credit market Debtors – borrowers – economic agents who borrow funds. Credit – loans that the debtor receives. Interest Rate – Nominal Interest Rate – i – is the annual cost of a one-dollar loan, so i X L is the annual cost of an $L loan. Real Interest Rate = Nominal Interest Rate – Inflation Rate Credit Demand Curve – schedule that reports the relationship between the quantity of credit demanded and the real interest rate. o Factors that shift curve: Changes in perceived business opportunities for firms. Changes in household preferences or expectations. Changes in government policy. Credit Sup