<span> practice of lending money to individuals or businesses through online </span>services<span> that match lenders directly with borrowers</span>
Increased interests in cultural diversity can be attributed to personal travel, advances in communication and international trade, except natural selection. Cultural diversity refers to having a respect to different cultures and natural selections is not part of this.
<span>To properly target potential customers, it is necessary to know not only what the needs are of the people they're advertising, they also need to know how the item will be used. There are multiple reasons that a customer would buy an item or service, so I assume media planners would need to use psychographic classifications to know who their target audience is and what they would like. How heavily planners rely on these classsifications probably effects the response they received from the audience.</span>
If the marginal propensity to consume is 0.6, then real GDP will increase by $250 billion.
<h3>What will be the real GDP?</h3>
Real GDP is the gross domestic product of a country that has been adjusted for inflation. Gross domestic product is the total value of all the final goods and services that is produced by a country in a particular period.
Marginal propensity to consume is portion of disposable income that is spent on consumption. Marginal propensity to consume can also be described as the amount of real GDP that is spent on consumption. When spending increases, the value of the real GDP would also increase. The increase in real GDP would be as a result of an increase in spending and saving.
Increase in Real GDP = (MPC x increase in spending) + (MPS x increase in spending)
(100 x 0.6) + [(1 - 0.6) x 100 ] = $250 billion
To learn more about MPC, please check: brainly.com/question/19089833
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Answer:
And we can find this probability using the normal standard distribution table or excel and we got:
Explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the expected return, and for this case we know the distribution for X is given by:
Where and
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability using the normal standard distribution table or excel and we got: