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jeka94
3 years ago
15

Suppose americans decide to save less of their incomes, reducing the ability of banks to lend to businesses. with less funds ava

ilable to businesses, workers will haveless capital equipment with which to work. this leads toslower growth in productivity.
Business
1 answer:
zimovet [89]3 years ago
4 0
<span>If Americans decides to save less, then they will not keep the money in the bank account. They will rather spend it. This will leads to deficit in the deposits of banks and as a result bank will have less lending capacity. This reduction in lending will make it difficult for businesses to get loans which will impact their production levels and hence productivity as a whole will be reduced. Therefore, reduction in saving leads to reduction in productivity.</span>
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What type of analytics is best described with a report that includes charts and graphs explaining the data
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Descriptive analytics is best described with a report that includes charts and graphs explaining the data.

<h3>What Is Descriptive Analytics?</h3>

The interpretation of historical data through descriptive analytics helps to better comprehend changes that have taken place in a firm. The process of using a variety of historical data to make comparisons is known as descriptive analytics.

In contrast to the complicated calculations required for predictive and prescriptive analytics, descriptive analytics typically uses simple math and statistical methods, such as arithmetic, averages, and percent changes. Since results are presented using visual tools like line graphs, pie, and bar charts, descriptive analytics may - and should - be easily comprehended by a broad corporate audience.

Therefore, a report with charts and graphs illuminating the data is the best way to describe descriptive analytics.

To know more about prescriptive analytics refer to: brainly.com/question/14392964

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