Need w/ #2.
i forgot how to do this.

Which statement describes the term economics? a. it is the study of using limited resources to fulfill wants and needs. b. it is the study of how governments fulfill the wants and needs of nations. c. it is the study of how people spend their money to fulfill wants and needs.

Ahypothesis is: a the average squared deviations about the mean of a distribution of values b) an empirically testable statement that is an unproven supposition developed in order to explain phenomena a statement that asserts the status quo; that is, any change from what has been c) thought to be true is due to random sampling order da statement that is the opposite of the null hypothesis e) the error made by rejecting the null hypothesis when it is true

The expression 1.01*1.005(^t) gives the amount of money, in thousands of dollars, in carter's savings account (t) years after he opens it. what does 1.01 represent in this expression?