Write in Scientific Notation

question 1

Short Answer

Write in scientific notation.
957 10³

Comprehend the concept of productivity and its determinants.

Identify how differences in productivity and resources contribute to variations in standards of living.

Evaluate how economists assess economic progress.

Understand the role and examples of different factors of production in the economy.

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Definitions:

Enrolment

The process of registering or entering into a program, course, or institution.

Compounded Semiannually

Interest calculation method where interest is added to the principal sum twice a year, leading to interest on interest.

Strip Bond

A type of bond where both the principal and regular coupon payments have been separated and are sold individually.

Compounded Quarterly

A method where interest is calculated and added to the principal every three months.