Answer:
A.
Explanation:
compound interest is the amount and interest that accumulates on it every period. (loan or a deposit would be compound interest) When people use credit cards they are using compound interest.
Answer:
(a) One cannot compute the value of correlation between the nominal variable and the continuous variable. In our case, gender is a nominal variable and there will be no correlation between the gender of American workers and their income.
(b) Correlation between the variables ranges from '+1' to '-1'. The correction of r = 1.09 between the these variables is wrongly computed.
(c) Correlation cannot be represented in terms of bushel, it is strongly represents the relationship between the two variables. Therefore, bushel cannot be assign to the correlation.
Explanation:
James Thornwell and Albert Barnes
Answer: $1,800
Explanation:
Nominal GDP in 2007 is the market value of the final goods and services produced in the country in that year.
= (30 * 20) + (30 * 40)
= 600 + 1,200
= $1,800
