What is the decay factor of 50% spending cut?
To determine the decay factor of a 50% spending cut, we need to understand what a decay factor is. A decay factor is a value between 0 and 1 that represents the proportion or percentage of the original value remaining after a certain reduction.
In this case, since we're dealing with a 50% spending cut, we want to find how much of the original spending remains. To do this, we can subtract the spending cut percentage from 100% (or 1) and convert it into a decimal. Let's calculate the decay factor for a 50% spending cut:
1 - 0.50 = 0.50
Therefore, the decay factor for a 50% spending cut is 0.50 (or 50%). This means that after the spending cut, 50% of the original spending amount remains.