Answer:
Two forces that affect the economic stability of cities are unemployment and inflation.
Unemployment is rate of people available for and looking for work, but without a job. In turn, inflation is the constant increase in the prices of goods and services during a certain period of time.
Both variables negatively affect the economic stability of cities, since, on the one hand, unemployment limits the productive capacity of the city and causes less money to circulate in the internal economy, limiting the population's consumption capacity and therefore hence the income of the city's companies. In turn, inflation causes a rise in prices that limits the consumption possibilities of the population, as each individual needs more money to acquire the same goods.
Both problems have a direct correlation with the population increase in cities: unemployment because an excessive increase causes an excess of people looking for work in a market that does not adapt to this need; and inflation because the higher the demand for the products, the higher the price of them.
Consumption will decrease, real output will decrease, and unemployment will increase.
A binomial random variable is one based on a given number of specified
outcomes from a given number of trials.
- The choice that is a binomial random variable is Choice B; <u>Amelia rolls 5 fair dice. Let </u><u><em>D</em></u><u> equals the number of dice that show a value greater than 3</u>.
Reasons:
A binomial random variable is the variable that represents the number of
times a specified event occurs in a given number of trials.
From the above definition of the binomial random variable, we have;
The binomial random variable is the option;
<u>Choice B Amelia rolls 5 fair dice. Let </u><u><em>D</em></u><u> equals the number of dice that show </u>
<u>a value greater than 3</u>, because, of the following;
- The number of trials are specified as 5
- The variable which is the event that is being observed, is specified as the number of times when the dice show values greater than 3.
<em>Choice A is a geometric random variable</em>
<em>Choice C is a random variable</em>
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most financial decisions are made at the corporate level in global cities.
