1. John wants to round 5.64 to the nearest tenth using a number line. He is

Why is it important for economists to determine factors influencing real GDP ?

olga2289 [7]

Answer:

It is a key indicator of the overall health and growth of the economy, and it is used to determine economic policy going forward. For example, the Federal Reserve factors real GDP as well as the rate of inflation into its decisions on influencing the money supply.

8 0

3 years ago

The Tasty Sub Shop Case:

alex41 [277]

The case of QHIC will have an accurate prediction but not the Tasty Sub Shop Case.

Explanation:

<u>Simple Linear Regression Analysis is done to predict the trend of one variable in accordance with another independent variable</u>. This concept does not account for multiple independent or interdependent factors in predictions.

<u>Thus, the projections are accurate when there is only one factor involved to influence the Prediction.</u>

This is so in the QHIC case as any household that spends more on home upkeep will be an ideal advertising target for the firm.

However, just the number of residents in the locality cannot ensure the profitability of a restaurant. competition from other restaurants, net income and eating habits of the locality must also be considered.

3 0

3 years ago

When both supply and demand shift to the left, the equilibrium Group of answer choices quantity is indeterminate. price always f

BabaBlast [244]

Answer:

quantity always falls

Explanation:

In the case when the supply and the demand shifted to the left so the equilibrium would price would not be determined also the equilibrium quantity would decline or fall

So according to the given situation, the third option is correct as it shows the quantity fall situation i.e. considered and relevant too

5 0

3 years ago

Marketing is developing, promoting, and distributing products that satisfy

sertanlavr [38]

Answer:

true

Explanation:

Explanation: because it is.

8 0

3 years ago

M13-9 Inferring Financial Information Using the Current Ratio [LO 13-4] Mystic Laboratories reported total assets of $10,500,000

zaharov [31]

Answer: $6,410,000

Explanation:

The current ratio calculates the ability of a company to meet its short term liabilities.

A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.

Current ratio = current assets / current liabilities

Total assets = current assets + non current assets

$10,500,000 = current assets + $2,167,000

Current assets = $8,333,000

1.3 = $8,333,000 / current liabilities

Current liabilites = $6,410,000

I hope my answer helps you

7 0

3 years ago