Answer:
because it does not account for environmental quality, levels of health, education and generally it does not account for those things that make people happy which are free.
Explanation:
Answer:
Increase; decrease; interest rate effect; increase; decline; rise.
Explanation:
As the price level increases, the purchasing power of money declines. People will need more money to make transactions. As a result, the demand for money increases.
This increase in demand for money will cause the interest rate to increase. This implies that the cost of borrowing is rising. They will cause a decrease in investment and thus output level.
This phenomenon of fall in output level because of the rise in the cost of borrowing as a result of inflation is called the interest-rate effect.
The higher interest rate will attract capital from abroad. This inflow of capital will cause the demand for the domestic currency to increase. As a result, the value of the domestic currency in the foreign exchange market will increase.
This appreciation in the value of the domestic currency will make exports expensive and imports cheaper. This will cause the export demand to fall and imports to increase. Consequently, net exports will decrease.
A secured loan is the answer
Answer:
4.00
Explanation:
Given:
Upper Specification Limit, USL = 27
Lower Specification Limit, LSL = 21
Mean = 22
Standard deviation, = 0.25
Required:
Find the process capability index
First center the mean by taking the average of the LSL and USL.
Use formula below to find process capability index:
We are sullosed to take the minimum value, but since both values are equal, our process capability index will be 4.00
Therefore, the process capability index = 4.00
Answer:
Strong form
Explanation:
Efficient market hypothesis states that all information about a set of investment in a market is readily available, so it is impossible to beat the market and make unusual profit.
There are different forms that looks at the availability of public and non public information in the market system and their effect on stock prices.
The strong form of the efficient market hypothesis states that both public and non public information is accounted for in the price of a stock, therefore there is no way an investor can make unusual profit.
If a certain group of stocks have large positive price changes followed by large negative price changes, it is a violation of strong form of the efficient market hypothesis.