Which of the Following Is Correct About Government Data

question 23

Multiple Choice

Which of the following is correct about government data?

• A)Governments typically have the greatest variety of data available.
• B)Domestic and international chambers of commerce can provide valuable information about local markets.
• C)The information provided by governments addresses either macro or micro issues or offers specific data services.
• D)Most countries have a wide array of national and international trade data available.

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Definitions:

Solver

An optimization tool in spreadsheet programs that finds the optimal solution to a problem by changing multiple variables within constraints.

Optimal Number

The most favorable, efficient, or effective quantity determined through analysis or calculation for a specific criterion.

Monthly Profit

The net income earned by a business over the course of a month after all expenses have been subtracted from total revenue.

Unbounded Problem

A scenario in optimization where the solution can infinitely improve, meaning there are no constraints limiting the value of the objective function.