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tia_tia [17]
1 year ago
8

Statistics are the straw out of which i like every other ecnomist have to make bricks. Explain

Business
1 answer:
pentagon [3]1 year ago
7 0

As Marshall observed, "Statistics are the straw out of which I, like every other economist, have to create bricks," this statement does definitely illustrate the significance and relevance of statistics in economics.

The economy is one of the most important aspects of our lives. Professionals in the financial sector frequently use it. However, economics without statistics is useless. We will offer statistics on economics with you in this blog. In economics, various statistics in economics are employed. You can reveal those economic information with the aid of this blog. But first, let's look at what statistics mean in the context of economics.

The quantification of data is handled by statistics. The qualitative data that is used in the data collection was represented using a variety of figures. The methodology used to deal with data collection, tabulation, classification, and presentation is known as statistics in economics.

Learn more about statistics in economics here

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An approach of open communication and collaborative decision making suggests which type of leadership
frez [133]
An approach of open communication and collaborative decision making suggests which the democratic type of leadership. This type of leadership which includes <span> participative role of the members in the decision-making process is also called </span>participative leadership or shared leadership.
Mutual respect and understanding is crucial in order this type of leadership to be successful. 
4 0
3 years ago
When choosing a savings account to open, you should look for:
Damm [24]

Answer: A higher interest rate.

Explanation: Most savings accounts do not have a high interest rate at the moment.

6 0
2 years ago
gamma manufacturing employs some of the top professionals in its field, and because of their skills and experience, gamma is hig
taurus [48]

Gamma Manufacturing employs some of the top professionals in its field, and because of their skills and experience, Gamma is highly efficient and outperforms its competitors. Gamma Manufacturing has a(n)<u> Competitive Advantage</u> over its competition.

A competitive advantage distinguishes a company from its competitors. It contributes to more significant prices, more customers, and brand loyalty. Creating such a competitive advantage is one of the most important goals of any firm. It is critical for corporate success in today's environment. Companies will struggle to exist if they do not have it. A competitive advantage enables a company to outperform its competitors. It refers to variables that allow a corporation to produce better services or items. "Competitive advantage" is a concept that is commonly used in business, but it can also apply to countries, organisations, and individuals.

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7 0
2 years ago
Green Corporation has current earnings and profits of $100,000 and negative accumulated earnings and profits of ($200,000). A $5
Sphinxa [80]

Answer:

False

Explanation:

Green's distribution of $50,000 in to its sole shareholder at the end of the year should be treated as a dividend because Green's total earnings and profits for the year were $100,000.

A distribution from a corporation to a shareholder  can only be treated as a dividend when the corporation made a profit during the current year, or has positive accumulated earnings and profits.

5 0
3 years ago
An investor, such as a bank, may prefer to invest in securities backed by a pool of mortgages purchased in the secondary market
kati45 [8]

Answer:

b. mortgage backed securities diversify credit risk for the investor.

Explanation:

An investor, such as a bank, may prefer to invest in securities backed by a pool of mortgages purchased in the secondary market rather than in an equal dollar amount of mortgage loans because <u>mortgage backed securities diversify credit risk for the investor.</u>

In Mortgage Backed Securities, credit risk is diversified as there are many borrowers and investors between whom credit risk diversifies. So that makes investor such as bank prefer the option.

8 0
2 years ago
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