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mamaluj [8]
3 years ago
11

What is the purpose of economic indicators?

Social Studies
2 answers:
Crazy boy [7]3 years ago
7 0

Answer:

Economic indicators are statistical data showing general trends in the economy. Those with predictive value are leading indicators; those occurring at the same time as the related economic activity are coincident indicators; and those that only become apparent after the activity are lagging indicators.

Explanation:

Hope it helps.

mezya [45]3 years ago
6 0

Answer:

An economic indicator is a piece of economic data, usually of macroeconomic scale, that is used by analysts to interpret current or future investment possibilities. These indicators also help to judge the overall health of an economy.

Hope this helped.

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Successfulness of competition policy in South Africa - support your argument by means of 5 examples ​
erica [24]

Answer:

- Five examples that support successfulness of the competition policy of South Africa are:

1) The product choices along with its competitive prices were provided to the consumers.

2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

3) Prevention of monopoly growth was the aim of the competition policy act.

4) Countries monopolies and markets were regulated by the help of this structure.

5) It benefited all the South Africans either by providing employment and by participation of small and medium enterprises balancing the act through ownership economic transformation.

Explanation:

Have a good day! Sorry if these are wrong. :)

6 0
3 years ago
A __________ is type of problem solving strategy (a mental shortcut), while an ___________ is a more tedious process, but it is
attashe74 [19]

A heuristic is a type of problem-solving strategy (a mental shortcut), while an algorithm is a more tedious process, but it is guaranteed to eventually produce the desired result.

<h3>What is heuristic and algorithm?</h3>

Heuristics are mental shortcuts that enable someone to solve problems, pass judgment, or make decisions rapidly and with little mental effort. For instance, if a student had to choose what to major in at university, she would probably follow her instincts and choose the course of study she thinks will be the most rewarding, useful, and intriguing.

An algorithm is a predetermined series of detailed steps that offers the ideal solution to a certain problem.  The process of doing laundry, the way we solve a long division problem, the ingredients for making a cake, and the operation of a search engine are all instances of algorithms.

Heuristics and algorithms are two alternative ways of approaching problem-solving. Algorithms are detailed, sequential processes. They may be time-consuming and demand a lot of mental effort, but they are exhaustive and ensure the right answer. Heuristics, on the other hand, are quick fixes or general rules of thumb.

To know more about Heuristics and algorithms refer to: brainly.com/question/14718604

#SPJ4

3 0
2 years ago
Five colonists died during the ____, which foreshadowed the impending war between Great Britain and the colonies
Allisa [31]

Answer:

Boston Massacre

Explanation:

On the night of March 5th, 1775, a group of American colonists gathered at the Customs House in Boston to protest the occupation of their city by British Troops. The troops were ordered to form a guard outside the building, and the protesters starter throwing snowballs at the troops in response. One of the snowballs hit a British Private, who instinctively fired his rifle at the crowd. The other soldiers started firing their rifles, and when the heat settled down a moment later, five colonists were dead on the ground. A month later, the American Revolution officially started.

6 0
3 years ago
Write about how you can thank God in each situation.
GalinKa [24]
1. I am thankful God has protected me from the pandemic.
2. I’m thankful God has blessed my loved ones.
3. I’m thankful God has given me life.
4. I’m thankful God has blessed us with luck.
5. I’m thankful God has given me strength to keep going
4 0
3 years ago
The growth spurt for boys typically begins at age __________.
Serga [27]
The growth spurt in boys occurs during mid-adolescence between the ages of 12 years and 17 years and usually begins a year after the testes start enlarging.

Hope This helped! ❤
6 0
4 years ago
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