Assess the Following as Probably , as Probably , as Requiring

question 6

Essay

Assess the following as probably , as probably , as requiring further documentation before judgment, or as a claim that cannot properly be evaluated. Consider both the nature of the claim and the source.
"The past year was a turbulent one. It was a year that began with record profits and sales. It was also a year in which we reported the first quarterly loss in Apple's history. We had to take swift action. We did. And it's working."
-Apple Computer Inc., 1985 Annual Report

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Definitions:

Growth Of Income

An increase in the amount of money received by an individual, group, or country over a period of time.

Economy's Potential

Refers to the maximum sustainable level of output an economy can produce, taking into account its resources and technology.

Time Preference

An individual's predisposition to prioritize present benefits over future benefits.

Real Interest Rates

The interest rates adjusted for inflation, more accurately representing the cost of borrowing and the yield on savings than the nominal interest rate.