Table M1-5 It Is International Day on Campus and a Professor of Professor

question 32

Multiple Choice

Table M1-5
It is International Day on campus and a professor of Scottish, German, and Hawaiian ancestry is weighing his options for traditional attire among his kilt, lederhosen and grass skirt.He decides to weigh these alternatives using AHP and has decided that comfort, style, and ease of use are the most important criteria.
His pairwise comparison matrices are as follows:

-Use Table M1-5 to determine the priority for the Lederhosen in the ease of use factor's normalized matrix.

• A)0.2572
• B)0.2828
• C)0.1622
• D)0.2132

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Definitions:

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.

Aggregate Demand

The comprehensive demand for every type of good and service within an economy, identified at a given price level and time period.

Investment

is the allocation of resources, usually money, in expectation of earning a future return.

GDP Gap

The difference between the actual GDP and the potential GDP of an economy, indicating under-utilization or over-utilization of resources.