Let's break down the questions one by one.
a. What does the constant 120 mean in the equation?
The constant 120 represents the amount of money allocated to the adults in the family for GoBucks. Specifically, it is the value that corresponds to \(\frac{2}{3}\) of the total budget for GoBucks.
b. What does the variable x represent in the equation? Solve for x.
The variable \(x\) represents the total budget for GoBucks. To solve for \(x\), we rearrange the equation \( \frac{2}{3} x = 120 \).
To solve for \(x\):
- Multiply both sides of the equation by \(\frac{3}{2}\):
\[ x = 120 \times \frac{3}{2} \]
- Calculate:
\[ x = 120 \times 1.5 = 180 \]
So, \(x = 180\). This means the total budget for GoBucks is $180.
c. How much money will go to the children in the family?
Since \(\frac{2}{3}\) of the budget goes to the adults, the remaining \(\frac{1}{3}\) goes to the children.
To find out how much money goes to the children, we can calculate:
\[ \text{Children's share} = \frac{1}{3} x = \frac{1}{3} \times 180 \]
Calculating this gives:
\[ \text{Children's share} = 60 \]
Thus, $60 will go to the children in the family for GoBucks.