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Is this true or False Economic growth may overstate changes in the standard of living if the average work week is increasing.?
Curiouswhy
True
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∙ 12y ago
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How is economic stability measured?
Economic stability is measured by the stability of output growth (coefficient of variation) and average inflation 10-year average.
The average person has freedom to make economic decisions?
The average person has freedom to make economic decisions in an economically free society. This means that a person will be in full control of their fruits of labor.
What are the reason for measuring national income?
You can measure national income by looking at various factors. The most important ones include average living standard and the rate of economic growth. National incomes measures the value of good and services a country produces.
Does socialism economic system reduce the unemployment?
A socialist economic system eliminates unemployment by employing all able workers. If there is a surplus of workers, average working hours are reduced. The reduction in wages is made up to each individual worker through owning a share of industry (public ownership of the means of production). In effect, while a capitalist economy suffers unemployment from increasing automation, a socialist economy could just reduce the average working day for each worker while maintaining full employment.
In this type of economy the average person has the freedom to make economic decisions?
Market
Is the coefficient of variation a better measure of risk than the standard deviation if the expected returns of the securities being compared differ significantly?
The Standard deviation is an absolute measure of risk while the coefficent of variation is a relative measure. The coefficent is more useful when using it in terms of more than one investment. The reason being that they have different returns on average which means the standard deviation may understate the actual risk or overstate depending.
When was Standard Songs for Average People created?
Standard Songs for Average People was created on 2007-04-24.
How is economic stability measured?
Economic stability is measured by the stability of output growth (coefficient of variation) and average inflation 10-year average.
What must be true about the average rate of change between any two points on the graph of an increasing function?
if a function is increasing, the average change of rate between any two points must be positive.
Is the average temperature on earth always the same?
Unfortunately the average temperature of the Earth is increasing. See global warming.
Why average cost increase when marginal cost is increasing?
Marginal cost = derivative of (Total cost/Quantity) Where Total cost = fixed cost + variable cost Marginal cost = derivative (Variable cost/Quantity) (by definition, fixed costs do not vary with quantity produced) Average cost = Total cost/Quantity The rate of change of average cost is equivalent to its derivative. Thus, AC' = derivative(Total cost/Quantity) => derivative (Variable cost/Quantity) = MC. So, when MC is increasing, AC' is increasing. That is, when marginal cost increases, the rate of change of average cost must increase, so average cost is always increasing when marginal cost is increasing.
What is standard hotel room size?
The standrd hotel room size, which isn't a definite standard more like average size is: 300 to 400 square feet in the US. 25 - 35 meters in Israel it depen on hotel type. in the economic hotel, it's about 25m2. the bed is about 1.2m*2m.
What is the average economic growth in the past years?
3 percent
Why is it a useful value to report standard deviation?
The standard deviation of a distribution is the average spread from the mean (average). If I told you I had a distribution of data with average 10000 and standard deviation 10, you'd know that most of the data is close to the middle. If I told you I had a distrubtion of data with average 10000 and standard deviation 3000, you'd know that the data in this distribution is much more spread out. dhaussling@gmail.com
If average total cost is greater than marginal cost average total cost must be increasing is the true or false?
true
What if a standard score is 57 and the average is 100 Is that three standard deviations below the mean or almost three?
The answer depends on what the standard deviation is.
What is the average lifespan of men in Britain?
74 years currently. This is increasing eachyear though.
