1. Informs decisions
Economists provide information and forecasting to inform decisions within companies and governments. This knowledge of economics – or economic intelligence – is based on data and modelling.
2. Influences everything
Economic issues influence our daily lives. This includes issues such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. A broad subject, economics provides answers to a range of health, social and political issues that impact households and wider communities.
3. Impacts industries
Firms of all sizes and industries have to rely on economics, whether that’s for product research and development, pricing strategies or how to advertise. This wide influence means studying economics can open up a variety of career options across all sectors of the economy, from agriculture to manufacturing, to banking and consultancy.
4. Inspires business success
Understanding how consumers behave is vital for a business to succeed. Economists use theories and models to predict behaviour and inform business strategies. For example, how to analyse ‘big data’.
5. International perspective
Economics affects the world we live in. Understanding domestic and international perspectives – historic and current – can provide a useful insight into how different cultures and societies interact. For international corporations, understanding the world economy is key to driving success.
Answer:
D
Explanation:
B and C dont make sense A is that you can never run out of things in stock
Answer:
1986 is the base year. so, the CPI of the base year is always 100%.
Option A
The value of $100 in 1993 would be = ($100/CPI of 1986) * CPI of 1993
= ($100/100) * 135
= $135
So, Option A is true.
Option B
$100 in 1992 would have been worth in 1986: ($100/CPI of 1992) * CPI of 1986
= ($100/120) * 100
= $83.33
So, Option B is false.
Option C
$100 in 1991 would have been worth in 1986: ($100/CPI of 1991) * CPI of 1986
= ($100/110) * 100
= $90.91
So, Option C is false.
Option D
The value of $100 in 1992 would be: ($100/CPI of 1993) * CPI of 1992
= ($100/135 * 120
= $88.89
So, Option D is false.
Cloud computing is the model for enabling on-demand access to compete resources such as networking, analysis, storage and compute.
Instead of storing files on a proprietary hard drive or local storage device, cloud-based (computing) storage makes it possible to save them to a remote database. As long as an electronic device has access to the web, it definitely has access to the data and the software programs to run it.
Cloud computing has become so popular these days for many businesses and individuals because of these reasons;
Its highly secure, cost saving, increased productivity, increased speed, increased performance and efficiency.
There are also some disadvantages of cloud computing and they include ; When it comes to sensitive data, security may seem to be a threat to this type of storage in a way that if the encryption key gets lost, data also disappears.
For more information about cloud computing refer here;
brainly.com/question/28391660
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