Answer:
by 0.3 percentage points
Explanation:
This result indicates that government spending contains superior information for predicting future economic activities in China than the lagged growth of GDP
Answer:
The cabinet is the second highest level of executive branch bureaucracy pyramid.
Explanation:
The cabinet being the second in authority within the executive branch, it has the functions of advising the president on matters dealing with the specific cabinet office.
The president comes first in the pyramid, followed by the cabinet and then the leaders.
The cabinet helps the president with the administration duties in their respective offices.
The cabinet is also among the people members who can take up power in case of a vacancy in the presidential seat.
Many primary sources cannot be understood because of the language or they way they have written it. We can't always understand it because its from a culture completely different from our own. Reading primary sources requires your his historical imagination.
Katherine's opportunity cost of attending the lecture is: the transportation and time cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight.
<u>Explanation</u>:
The opportunity cost is the "cost" lost by not enjoying the benefit associated with the chosen alternative choice. People usually make use of opportunities to make themselves better.
The opportunity cost can be explained as giving up of profit or value to achieve something else. Opportunity cost is the value of giving up the best thing whenever you make a decision. When Katherine decided to attend the lecture of her favorite author, she lost her time, transportation cost and even scored low grade in physics exam as didn’t study on exam night.
