Based on the information the ratio between the deficit and gdp as a percentage is 2.41%.
<h3>Ratio between the deficit and gdp:</h3>
Using this formula
Ratio between the deficit and gdp=Annual federal deficit/Gross domestic product×100
Where:
Annual federal deficit=$350 billion
Gross domestic product=$14,500 billion
Let plug in the formula
Ratio between the deficit and gdp=$350 billion/$14,500 billion×100
Ratio between the deficit and gdp=2.41%
Inconclusion the ratio between the deficit and gdp as a percentage is 2.41%.
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The information which can be deduced from this graph on green tea are:
B. Green tea is inelastic in terms of supply.
E. The supply of green tea does not change sharply with the price.
<h3>What is supply?</h3>
Supply can be defined as the total quantity of goods or services that are demanded by consumers at a given period of time.
<h3>The types of supply.</h3>
In Economics, there are two main types of supply and these include:
<h3>What is inelastic supply?</h3>
Inelastic supply is a situation that occurs when the quantity of goods or services that the producers are willing to produce, doesn't change as the price of goods or services increases.
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Explanation:
Given
perpendicular (p) = 48
base(b) = 14
hypotenuse (h) = x = ?
We know by using Pythagoras theorem
x² = p² + b²
x² = 48² + 14²
x² =2304 + 196
x² = 2500
x = √2500
Therefore x = 50
Hope it will help you :)
The option that is an accurate statement about Sample Size is; A: A larger sample size is needed for increased accuracy.
<h3>What is true about Sample Size?</h3>
Sample size determination is the act of choosing the number of observations or replicates to include in a statistical sample. The sample size is an important feature of any empirical study in which the goal is to make inferences about a population from a sample.
Now, the smaller the sample size, the lesser the accuracy as you have possibility of biased research from just a handful of people. However, the larger the sample, the greater the degree of accuracy of the research.
Thus, we can say that the option that is an accurate statement about Sample Size is; A: A larger sample size is needed for increased accuracy.
Complete question is;
Which of the following is an accurate statement about sample size?
Select one:
a. A larger sample size is needed for increased accuracy.
b. A smaller sample size will reduce the size of the confidence interval.
c. Sample size is a constant percentage of the population size.
d. Sample size is independent of the confidence interval.
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