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Do I need to buy BUSINESS STATISTICS:COMMUNICATING | 0th Edition to pass the class?

ISBN: 9781260715651

BUSINESS STATISTICS:COMMUNICATING | 0th Edition - Solutions by Chapter

Do I need to buy this book?
1 Review

71% of students who have bought this book said that they did not need the hard copy to pass the class. Were they right? Add what you think:


Eartha from East Carolina University said

"If I knew then what I knew now I would not have bought the book. It was over priced and My professor only used it a few times."

Edition: Latest
ISBN: 9781260715651

This expansive textbook survival guide covers the following chapters: 0. Since problems from 0 chapters in BUSINESS STATISTICS:COMMUNICATING have been answered, more than 200 students have viewed full step-by-step answer. BUSINESS STATISTICS:COMMUNICATING was written by and is associated to the ISBN: 9781260715651. This textbook survival guide was created for the textbook: BUSINESS STATISTICS:COMMUNICATING, edition: Latest. The full step-by-step solution to problem in BUSINESS STATISTICS:COMMUNICATING were answered by , our top Business solution expert on 11/06/18, 07:54PM.

Key Business Terms and definitions covered in this textbook
  • ability-to-pay principle

    the idea that taxes should be levied on a person according to how well that person can shoulder the burden

  • Arrow’s impossibility theorem

    a mathematical result showing that, under certain assumed conditions, there is no scheme for aggregating individual preferences into a valid set of social preferences

  • average fixed cost

    fixed cost divided by the quantity of output

  • budget deficit

    a shortfall of tax revenue from government spending

  • collusion

    an agreement among firms in a market about quantities to produce or prices to charge

  • complements

    two goods for which an increase in the price of one leads to a decrease in the demand for the other

  • currency

    the paper bills and coins in the hands of the public

  • discouraged workers

    individuals who would like to work but have given up looking for a job

  • diversification

    the reduction of risk achieved by replacing a single risk with a large number of smaller, unrelated risks

  • externality

    the uncompensated impact of one person’s actions on the well-being of a bystander

  • Federal Reserve (Fed)

    the central bank of the United States

  • frictional unemployment

    unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills

  • horizontal equity

    the idea that taxpayers with similar abilities to pay taxes should pay the same amount

  • indexation

    the automatic correction by law or contract of a dollar amount for the effects of inflation

  • inferior good

    a good for which, other things being equal, an increase in income leads to a decrease in demand

  • moral hazard

    the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior

  • nominal exchange rate

    the rate at which a person can trade the currency of one country for the currency of another

  • perfect complements

    two goods with right-angle indifference curves

  • store of value

    an item that people can use to transfer purchasing power from the present to the future

  • strike

    the organized withdrawal of labor from a firm by a union