Briefly Explain the Primary Function of a Statement of Purpose

question 83

Essay

Briefly explain the primary function of a statement of purpose, then indicate the most useful way to phrase one.

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Definitions:

Production Possibilities Frontier

A graphical representation showing the maximum amount of two goods or services that can be produced within a given set of resources.

Recession

A brief spell of economic backslide, with a noted reduction in commerce and industrial production, usually spotted by a fallen GDP in two consecutive quarters.

Employment

A relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Unemployment Rate

The demographic of the labor force that is without employment but actively hunting for work.