Production possibilities frontier, PPF, is defined as a representation of the point at which a country’s economy is most efficiently producing its goods and services. Efficient production means allocating its resources in the best way possible.
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The points in the PPF shifts outward. The more efficient production is the more the PPF shifts outward. With this in mind, any point found inside the PPF means that there is inefficient resource allocation. If the PPF shifts inward, it means that the efficiency production is regressing and available resources are not fully used to its potential which will lead to a downward turn of the economy.
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<u>Solution-</u>
Let's assume, the rate of interest of $8000 is x%,
then the rate of interest of $17000 is (x+0.3x) =1.3x%
Interest earned by $8000,
Interest earned by $17,000,
According to the question,
∴ Rate of interest of $8000 is 1.96% and rate of interest of $17000 is (1.3×1.96) =2.55%
Answer:
A. 115°
Step-by-step explanation:
180° - 65° = 115°
Answer:
64 times
Step-by-step explanation:
16 hours to minutes: 16*60 = 960 minutes
vaping every 15 minutes: 960/15 = 64
Using the confidence interval, it is found that the correct option is:
There is convincing evidence because the entire interval is above 0.
<h3>When does a confidence interval for the difference of proportions gives convincing evidence that there is a difference?</h3>
It gives convincing evidence when 0 is not part of the confidence interval.
In this problem, the interval is (0.02, 0.38), which does not contain 0, hence the correct option is:
There is convincing evidence because the entire interval is above 0.
More can be learned about confidence intervals at brainly.com/question/25890103
