Answer:
Yes it is a statistic
Explanation:
1,011 people age 50 or older as given above is a statistic since it is a sample from a population. A statistic is characteristuc of data obtained or gotten from a larger quantity or population. In other words A statistic is example the average size of a hard disk drive gotten from from a population of hard disk drives. It is used to estimate from population
Answer:
The supply of loanable funds will increase and the interest rate will decrease
Explanation:
As the youngsters entered their prime earning years, the likelihood of new businesses to emerge is also increased. This increase the amount of loanable funds that are most likely used to purchase capital needed for the businesses (such as to purchase new properties, materials, workers, etc)
As this happen , loan provider will reduce the interest rate for their loan. They do this to make sure that the young entrepreneurs choose to obtain loan from them rather than their competitors.
Answer:
D. bullwhip effect.
Explanation:
Its a Phenomena that explains how small fluctuations in demand at retail level can cause larger fluctuations in demand at the whole sale
Answer:
Ir ranges anywhere from the state to the job.
Explanation:
The reason being is the cost of living in Massachusetts might be completely different than the one in Wyoming so the income of a family of four in Massachusetts will be more than the one in Wyoming. The job is obviously a major factor since it contributes to the actually labor cost of someone to work rather than having a person intern.
