Examlex
How does the following excerpt from a classroom speech violate the guidelines for using statistics presented in your textbook?
One magazine reports that U.S. consumers pay more than $300 billion a year on products to cover the manufacturers' liability costs. This amounts to a staggering $4,000 per household. On a specific basis, product liability costs account for $11.50 oevery $12 dose ovaccine we give our children, and over $100 othe cost oa football helmet.
Interest Rates
The cost of borrowing or the reward for saving, often expressed as a percentage of the principal amount per annum.
Factories
Large buildings or complexes where goods are manufactured or assembled predominantly by machines and workers.
Equipment
The set of tools, machinery, and other apparatus necessary for the manufacture of goods or the provision of services, often considered as part of capital investment in economic analyses.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.
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