Which of the Following Statements Is True of Pie Charts

question 37

Multiple Choice

Which of the following statements is true of pie charts?

• A)They are ineffective in showing percentages.
• B)They make it easier to understand processes.
• C) They are ineffective in showing quantitative totals.
• D) They present data in columns and rows.

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Definitions:

Nominal Interest Rates

The rate of interest before adjustments for inflation, reflecting the price of borrowing money.

Price Level

A metric that calculates the mean of present prices for all goods and services produced within the economy, relative to a reference year.

Consumer Price Index

An index that measures the average change in prices paid by consumers for a basket of goods and services over time, often used as an indicator of inflation.

Bureau of Labor Statistics

A U.S. government agency responsible for collecting and analyzing economic data related to labor market activity, working conditions, and price changes in the economy.