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LenKa [72]
4 years ago
11

What is gained by using the circular flow diagram to illustrate gdp

Business
1 answer:
MariettaO [177]4 years ago
4 0
Gdp? explain more please
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Why is production such an important business activity? in what ways does it create value for the company and its customers?
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A security with normally distributed returns has an annual expected return of 18% and a standard deviation of 23%. the probility
Igoryamba
The probability that a randomly selected data from a normally distributed dataset with mean of μ, and standard deviation of σ, is less than a value x is given by:

P(X\leq x)=P\left(z\ \textless \  \frac{x-\mu}{\sigma} \right)

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\mu=18\% \\  \\ \sigma=23\%

The probability of getting a return of -28% or lower in any one year is given by:

P(X\leq x)=P\left(z\ \textless \ \frac{x-\mu}{\sigma} \right) \\  \\ P\left(z\ \textless \ \frac{-28-18}{23} \right)=P(z\ \textless \ -2) \\  \\ =\bold{0.0228}</span>
6 0
3 years ago
Archaeologists have found skulls from as long ago as 3000
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3 years ago
What are some of the benefits of regional integration?
Fiesta28 [93]

Answer:

1. Benefits Of Regional Economic Integration

2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.

3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.

<em>4. Employment prospects. </em>

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The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.

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